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In terms of performance in the first quarter, Jingdian's consolidated revenue for the first quarter was NT$5.832 billion, operating margin was NT$938 million, consolidated gross margin was 16%, and pre-tax profit was NT$413 million. 394 million Taiwan dollars, the after-tax earnings per share was 0.41 Taiwan dollars.
According to the Gaogong LED reporter, Taiwan’s first quarter consolidated revenue was 1.128 billion yuan, operating gross profit was 169 million Taiwan dollars, and the combined gross profit margin was 15% in a single quarter. The pre-tax surplus was NT$94 million. The net profit after tax was The net profit after tax of NT$94.6 million was NT$0.20. The performance returned to normal performance from the unexpected loss in the fourth quarter of last year.
Under the pressure of inflation, the price of sapphire substrates in Taiwan's upstream is soaring. Some LED manufacturers such as Ronda (3691), Guangguang Optoelectronics (8199) and Huashang are still in the off-season. Ronda’s weekly earnings per share after tax loss was NT$0.20, and Guanggao’s after-tax earnings per share were also reduced by NT$0.03. Huashang (6289) also lost NT$0.05.
It is worth noting that according to the high-tech LED reporter, Taiwan's New Century (3383) single-season revenue was NT$1.05 billion, with an annual growth rate of 144%, operating margin of NT$240 million, and gross margin of 23%. The only company in the epitaxial plant with a gross profit margin of 20% was net profit after tax of 127 million Taiwan dollars, and the after-tax earnings per share was 0.64 Taiwan dollars. The profit was the LED crown.
At the same time, Taiwan's second-quarter TV chip offer fell 5%, but the decline is still within the industry's quarterly price decline, plus Taiwan's Jingdian, Yuanyuan actively improve the MOCVD machine's epitaxial yield, the two companies Capacity utilization will pick up to a certain extent. Taiwanese industry insiders expect that the gross profit margin of Jingdian and Yuanyuan will rise to more than 25%.
With the capacity utilization rate rising to 95 to 100%, the second quarter will be significantly better than the 70% level in the first quarter. If the crystal power products only meet the needs of Korean customers, the company's responsible person believes that the second quarter gross profit margin of Jingdian has a chance to return to 30%, and the single-quarter earnings per share will have a chance to reach NT$1.40. 
[High-tech LED News] Taiwan's upstream epitaxial wafer plant (2448), Yuyuan (3061) first-quarter gross profit margin fell below 20%. Taiwan industry analysts believe that with the increase in capacity utilization rate, it is expected that the gross profit margin of Jingdian and Haoyuan will rebound to more than 25% in the second quarter.