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“The sales are expected to peak in Oct18 and Nov18 and will fall back in Dec18. Due to trade war and lower demand from end-users, the correction of guidance remains to be seen. The orders for Dec18 and 1Q18 are still under negotiations for now.” he added.
As for Concraft’s FY19 outlook, the company holds a positive view toward the automotive components and optical components which are expected to begin mass production. Its automotive revenue in FY19 is expected to double to more than NTD1bn. Its sales in FY19 is expected to grow more than 20% YoY.
Concraft’s 3Q18 revenue was NTD 2.015bn (+37% QoQ, +0.2% YoY). Catalyzed by the automation and the increase of yield rate, GM and profit margin both grow QoQ and YoY at 47.93% and 36.76%. However, as tax rate increased YoY, its profit was impacted. Concraft’s 3Q18 net profit was NTD 518mn (+212% QoQ, -2.32%), with EPS of NTD4.4.
Concraft’s 1Q-3Q18 revenue was NTD4.419bn (+34.7% YoY). Its net profit was NTD713mn (+24.4% YoY) with EPS of NTD6.04. Its JAN18-OCT18 accumulated revenue was NTD5.177bn (+25.9% YoY).
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