HC Semitek revenue was impressive for first half of 2016, according to the company’s latest financial statements.

“The second quarter was outstanding. We have achieved the best result in more than twenty quarters. And for the first time in ten quarters, revenue showed a noticeable increase nominally as well as on a comparable basis. This shows that our innovation and growth strategy is taking us in the right direction. Osram will successfully continue along this path. The foundation couldn’t be stronger,” said Olaf Berlien, Chief Executive Officer of OSRAM Licht AG.

In line with the Financial Results for the first half of 2013 HC SemiTek recently released, its total revenue is 112 million Yuan, decrease of 40.42 percent compared to the same period of last year. The net profit attributable to shareholders of listed companies is 14.29 million Yuan, down 61.47 percent over the same period of last year. Basic EPS (earnings per share) is about 0.05 Yuan, down 68.75 percent Y-o-Y. HC SemiTek said that operating income in the first half of 2013 dropped 40.42% Y-o-Y, after the last year's irrational price competition in LED chip...

Recently, Aucksun released non-public issue plan that it intends to issue not more than 100 million shares at not less than 5.12 Yuan / share, it will raise funds not more than 512 million Yuan to construct LED epitaxial wafers and chips Industrialization Project (the first phase) and supplement working capital. If this additional issuance is completed, Aucksun will gradually establish its double main businesses development model of the LED business coupled with metal logistics distribution. Aucksun estimates that the additional LED project can make net profit of 168 millio...