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  • Written by EQS Asia Business News

EQS-News / 08/08/2017 / 19:22 UTC+8

For Immediate ReleaseCh 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 Million) PRC GAAPMay 2017May 2016Year-on-year Change (%)Jan- May 2017Jan- May 2016Year-on-year Change (%)
TFT LCD modules total sales revenue228268-14.7%1,2341,134+8.8%
       
Including: Non-laminated Modules6970-1.7%551372+48.0%
Laminated Modules159198-19.4%683 762-10.4%
 

-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=VBVYLIXWKPDocument 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

Authors: EQS Asia Business News

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