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Dongbei pointed out that commercial lighting orders were not affected by the Japanese earthquake. Shipments in March doubled compared with the previous year. Q2 has the opportunity to accelerate growth, but Q2 LED TV demand is weak. Dongbei has revised Q2 backlight shipments by 5%. ~10%. Dongbei estimates that Q2 revenue and profit growth are optimistic, and is expected to increase by 20% to 30%.
Taiwan Packaging Factory Dongbei Announces 2011 Q1 Financial Report
Taiwan's Dongbei 2011 Q1 revenue was NT$1,621 million, an increase of 33.91%; business profit was 184 million yuan, up 42% quarter-on-quarter, 54% year-on-year; pre-tax surplus was 243 million yuan, down 22.36% year-on-year The after-tax surplus was 196 million yuan, an annual decrease of 23.13%, and the earnings per share was 0.61 yuan.