Dow Jones received a payment from EQS/DGAP to publish this press release.
EQS-News / 08/08/2017 / 19:22 UTC+8
*For Immediate Release*
*Ch Display Opt's LCD Modules Total Sales Revenue Reached
RMB 228 million in May 2017
* * * * * **
(9 June 2017, Hong Kong) - *China Display Optoelectronics Technology
Holdings Limited* ("Ch Display Opt" or the "Group"; HKSE stock code: 334)
today announced the sales revenue of its LCD modules for May 2017.
As some of the device customers adjusted their product strategies which
focused on products with an aspect ratio of 18: 9, the order quantity of the
Group was affected. Ch Display Opt's total sales revenue of LCD modules
decreased by 14.7% year-on-year to RMB 228 million in May 2017. Sales
revenue of non-laminated LCD modules dropped by 1.7% year-on-year to RMB 69
million, while sales revenue of laminated LCD modules was RMB 159 million
with a year-on-year decrease of 19.4%.
The Group's total sales revenue of LCD modules increased by 8.8%
year-on-year to RMB 1.23 billion from January to May 2017. Sales revenue of
non-laminated LCD modules surged by 48.0% year-on-year to RMB 551 million
while sales revenue of laminated LCD modules was RMB 683 million with a
year-on-year decrease of 10.4%.
*May 2017 (Unaudited)*
*(RMB *May *May *Year-on-year *Jan- *Jan- *Year-on-year
Million) 2017* 2016* Change May May Change
PRC GAAP* (%)* 2017* 2016* (%)*
*TFT LCD *228* 268 *-14.7%* *1,23 1,134 *+8.8%*
modules total 4*
sales
revenue*
Including: *69* 70 *-1.7%* *551* 372 *+48.0%*
Non-laminated
Modules
Laminated *159* 198 *-19.4%* *683 762 *-10.4%*
Modules *
-End-
*About China Display Optoelectronics Technology (334.HK)*
Headquartered in China, China Display Optoelectronics Technology Holdings
Limited (HKSE stock code: 334) is one of the major providers of
small-to-medium-sized display modules (<=10.1") in the region. Ch Display
Opt engaged primarily in the research and development, manufacturing, sales
and distribution of LCD modules mainly for handheld mobile devices on an ODM
basis. Smartphone LCD module products of Ch Display Opt are welcomed by
domestic and overseas manufacturers with sales volume ranking among the top.
Document: http://n.eqs.com/c/fncls.ssp?u=VBVYLIXWKP [1]
Document title: CDOT (334) - May 2017 Monthly Revenue_Press Release_Eng.pdf
08/08/2017 Dissemination of a Financial Press Release, transmitted by EQS
Group.
The issuer is solely responsible for the content of this announcement.
Media archive at www.todayir.com
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=64687f0c338b81f76a0eef5aa7c0f8cb&application_id=599691&site_id=vwd&application_name=news
(END) Dow Jones Newswires
August 08, 2017 07:23 ET (11:23 GMT)
© 2017 Dow Jones News
