Ronda's revenue in 2012 exceeded 10 billion NT$10.5% annual growth

Ronda Electronics announced its 2012 full year financial statements on March 4. The consolidated revenue for the whole year of 2012 was NT$10.056 billion. For the first time in four years, the revenue exceeded 10 billion, up 10.5% from 2011. The consolidated operating margin was 13.1%, up 4% year-on-year; Net profit was NT$ 290 million; basic earnings per share was NT$ 0.69, one of the few companies in Taiwan’s LED plant that saw growth in both revenue and profit. On March 5, the board of directors of Ronda also passed the discovery of a dividend of 0.45 yuan per common share in 2012.

Huang Denghui, general manager of Ronda Electronics, said that in 2012, due to fierce competition in the LED market and the opening of the mainland's production capacity, the market started price wars and knockouts. Ronda's performance is relatively stable. Under the two major applications of panel and lighting, the annual revenue continues to grow by 10.5%. In addition, the one-stop operation mode is conducive to cost control and efficiency improvement. In 2012, it returned to profit-making positions and became one of the few companies in the LED industry to grow revenue and profit. This is attributed to the company's optimized product portfolio and customers. Combine, strictly control capital expenditures, increase per capita output, and make good use of one-stop vertical integration of operational synergies.

Dr. Su Fengzheng, Chairman and CEO of Ronda Electronics, said that in the past, Ronda’s continued efforts in backlighting and lighting customers, together with the merger of Power League Electronics earlier this year, are expected to see results this year. In the backlight application part, the two application products of smart phones and tablet computers will be able to amplify revenue, and the direct-type TV backlight products will also be heavy, and will seize the huge business opportunities in the mainland market. In the lighting application segment, Ronda has added new customers in Japan, and will continue to introduce high-end series of lamp products. In addition, flat-panel lamps will provide customers in Japan and Europe. In 2013, Ronda will continue to optimize operational efficiency, strengthen the mainland supply chain layout, expand the estuary of backlighting and lighting products, and strengthen technical research and development and patents.

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