LED equipment manufacturer Whit held a board of directors on the 4th. In addition to announcing the third quarter financial report, it also simultaneously announced the board of directors' resolution to spend 2.361 billion yuan (NT$, the same below). At the same time, in order to strengthen the company's layout in the field of laser diode, the company announced the acquisition of two companies, Zhaoxiang Optoelectronics and Wuhan Xinquantong Technology. In the future, under the complete layout, it will be beneficial to the company's product line and operation development.
Whit's consolidated revenue in the first three quarters of this year was 4.075 billion yuan, which is equivalent to the same period last year. The net profit after tax in the first three quarters was 938 million yuan, a growth of 38.14% over the same period last year. The cumulative earnings per share reached 12.76 yuan in the first three quarters, compared with the same period last year, with a growth rate of 32.22%.
Whit's after-tax net profit in the third quarter was 245 million yuan, down 21.47% from the previous quarter, and also 23.91% from the same period last year. The net profit per share after-tax in the third quarter of this year was 3.33 yuan. Whit's profit in the third quarter of this year fell by more than 20% compared with the previous quarter and the same period last year. This is mainly due to the fact that the mainland Chinese market has been blocked by the epidemic since the beginning of this year, which first affected the shipment of the industrial supply chain, and then continued to impact the company's mainland Chinese customers' momentum to pull goods.
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In addition, Whit also stated that in response to future growth needs, the company's board of directors also decided to invest in the construction of the operation headquarters building on the 4th. In the future, it will use its own funds and bank financing to support it. It is expected to invest 2.361 billion yuan. The project will be gradually launched according to the plan and relevant schedule. The exact completion time and project location have not been announced yet.
Whit's board of directors also obtained 100% equity case on the 4th.
For the acquisition of the two companies, Whit said that the company has mainly been investing in compound semiconductor testing for many years, and has invested many years in the development of test technology for diodes such as optical receiver (PD), surface-emitting laser (VCSEL), and edge-emitting laser (DFB, EML), and has also been introduced to the client for many years. Now it is actively acquiring all equity shares of Zhaoxiang Optoelectronics and Wuhan Xinquantong Technology, indicating that Whit will continue to improve product integrity in the laser diode market. (Source: United News Network) Please mark the source for reprinting
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