Career and Philips Electronics announced upbeat quarterly report, Philips Lighting revenue obtained 8quarter growth for the first time, and the company reports revenue than in 2011increased 30% over the same period, the industry is expected in 2015 will be the development of LED lighting in the Asia-Pacific region accelerated rapidly after.
Philips Electronics Company ( PHIA.AE ) announced the first quarter of 2012results. The quarter and effective sale strategy and sale of part of the assets, the company net profit grows substantially, to 248000000 euros. In addition, the Lighting Department of revenue received 8quarter for the first time since the growth.
" I'm happy to report, all of our business sector has a solid growth, in which health care sector is growing at a rate of 9%, the lighting department business grows with the speed of 2%. If no external sales lumens company ( Lumileds ) business, our lighting business quarter of the actual growth rate of 4%." Philips CEO Frans Fan Hao London ( Frans van Houten ), the quarter LED products sales growth of 22%.
In the last quarter of 2011, as a result of market atrophy and its TV business weakness, Philips had a loss of 162000000euros ( $213000000). After the reorganization, the first three months of this year, the company gained a248000000 euro ( $326000000) net profit, than last year the corresponding period of137000000 euros ( $180000000) grew by more than 80%.
North Carolina durha city ( Durham, NC ) the company announced that, as of March 25, 2012,2012 companies in the third quarter of fiscal year received $284800000 in income. This means that in the third quarter and fiscal year 2011of $219200000 compared with growth of 30%. But compared with the second quarter of fiscal year 2012drop 6%.
Company third quarter net income ( in accordance with the calculation of GAPP ) for $9500000( or $0.08 a share equally after ), and the third quarter of fiscal2011of $18900000( or $0.17 a share equally after ) dropped by 50%. According to the GAAP calculation, fiscal 2012third quarter net income of $23300000( or $0.20 a share equally after ), and the third quarter of fiscal2011of $30100000( or $0.27 a share equally after ) dropped by 22%.
Company chairman and CEO chuck Svoboda ( Chuck Swoboda ) said:" the third quarter results and our expectations are basically consistent, in addition, the factory efficient execution and tax revenue to offset the slightly lower than the expected range of revenue. Despite the current estimated order quantity is still limited, but we now have the order quantity is far more often than on the quarter over the same period the number of orders, in the LED lighting, LED device, power device, RF operations are more than second quarter. We are now in a very favorable position, and will continue to lead the LED illumination change and to promote our business growth."
In the fourth quarter of fiscal year 2012( as of June 24, 2012), career plan completed a $295000000to $315000000 in revenue goals, GAAP margin target set at 35%, including a $2500000stock compensation fees.
Japan is the Asia-Pacific region energy-saving lighting technology leader, it is in more than 10 years plan through twenty-first Century light project to lead the LED lighting industry. Chinese Taiwan has also set up the next generation light source technology development and supply industry as the national industry, reducing it in the semiconductor industry of too much input. While most of the Asia-Pacific region government also has invested large amounts of funds to purchase the LED lighting and lighting, has created a wealth of opportunities. The personage inside course of study is expected in the next ten years, LED lighting product sales will increase quickly, since 2015in the Asia-Pacific region quickly, including lamps, shipments will rise from 660000 in 2011to 5420000 in 2021, an increase of more than 700%. |
