LED downstream packaging manufacturer Huaxing has set a new record in January, with orders receiving up to NT$250 million, but orders from US beverage merchants are around RMB 100 million. The shipment schedule is March to November this year. Therefore, there was no contribution to January revenue, and in January, the number of working days decreased. Huaxing's consolidated revenue in January was NT$120 million, down 10.7% from the previous month and a 14% annual decline.
Huaxing said that this year's low-temperature order momentum is good, and even customers' orders can be seen in November, while indoor lighting is currently dominated by Southeast Asian local international factories and convenience stores. The overall layout effect has started to fertilize in the fourth quarter of last year. Due to the lower base period, it is estimated that the total combined revenue growth rate this year will be 20%.
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