MOCVD Demand Rose, Ace Strong Revenue In The First Half Of 932 Million Yuan

- Aug 01, 2018-

On July 26, AIXTRON, the world's leading supplier of deposition equipment for the semiconductor industry, released its results for the first half and second quarter of 2008.


In the first half of 2018, revenue grew by 3% over the previous year, reaching 117 million 600 thousand euros (about 932 million yuan). The revenue in the second quarter of 2018 fell to 55 million 200 thousand euros (about 437 million yuan) due to agreed shipment arrangements with customers.


Gross profit margin and gross profit margin increased year-on-year in the first half of 2018, reaching 50 million 600 thousand euros (about 400 million yuan) and 43% respectively. Gross margins fell to 23.8 million euros ($188 million) in the second quarter compared with the first quarter, consistent with income growth, while gross margins remained stable at 43%. This is mainly due to favorable product and regional portfolios, as well as the positive gains of the US dollar against the euro in the second quarter.


Orders, including spare parts and services, increased to 154.3 million euros ($1.223 billion) in the first half of 2008, a 20% increase over the previous year. This is mainly due to the rising demand for the MOCVD system used in the production of ROY LED, especially for the MOCVD systems used for laser applications, such as vertical cavity surface emitting lasers (VCSEL) or the side shot laser (EEL) suitable for 3D sensor technology or optical data transmission.


The backlog of equipment orders increased to 138.3 million euros ($1.096 billion) as at 30 June 2008, up 48% from the same period last year and 20% from March 31, 2008.


Pre tax profit (EBIT) increased to 12 million euros (about 95 million 80 thousand yuan) in the first half of 2018. Compared with the first quarter, the pre tax profit in the second quarter dropped to 4 million 100 thousand euros (about 32 million 485 thousand yuan).


Net profit increased to 16 million euros (about 127 million yuan) in the first half of 2018 compared with last year, and was positively affected by the capitalization of the 5 million euro deferred tax in the first quarter of 2018.


"Orders in the second quarter of this year continue to increase, so we decided to raise the order income indicators of the 2018 fiscal year," said Dr. Bernd Schulte, President of Ace strong. The second quarter's revenue declined slightly due to the shipment arrangements agreed with the customer. The income in the second half of this year will be higher than that in the first half of the year, so we will achieve the income target as planned.


Dr. Felix Grawert, a member of the Ace Executive Committee, added: "we continue to benefit from the global demand for MOCVD systems used for laser applications, such as VCSEL or EEL, which are particularly needed in the field of 3D sensors or optical data transmission. The requirements we use to produce ROY LED MOCVD systems are also high, because they are indispensable for the market penetration of small spacing, Mini and future Micro LED. "



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