It is understood that during the period from June to July, Redditch dispatched manpower for the development of new products. The monthly revenue was not able to follow the record high. The revenue in July was 72.77 million yuan, up 1.44% month-on-month and 15.36% year-on-year. However, the company has not interfered with this factor since August, the operation will resume normal growth track, and in response to LED lighting demand, the company's customers will expand orders in August, including the number one customer in the commercial lighting market in Japan, and In Europe and the United States, the two leading manufacturers of lighting, Red Dick expects August revenue is expected to hit a new high, the overall third quarter revenue is expected to continue to rise in the second quarter of the operating base.
Reddike said that the company's orders have been significantly expanded since August, and the third quarter expansion of the benefits, let's watch the operating performance in the second half. The company plans to increase the large-tonage machine equipment in the third quarter, increasing production capacity by 10% in the single season. In the fourth quarter, Yangzhou plant will re-open about 10% of the production capacity. For international lighting customer orders, the company will retain 15%. Up to 20% of the production capacity can be met at any time, so the current capacity utilization rate is maintained at 80%, and this utilization rate will be maintained in the future.
The following expansions of the company are mainly based on large-tonnage machines, and more mold holes have been issued. The same production time will produce twice as many products, which will effectively reduce the flute. Gram production costs, so the company's second quarter gross margin also increased by 2.23 percentage points compared with 45.34% in the first quarter. Under the effective production of future production, the profitability of Redditch will also be amplified with the order, and the annual EPS estimate will earn more than 3.5 yuan. .
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