2014 gross profit performance-LEDinside

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2013-11-08

CLSA Optimistic about Epistar 2014 Gross Profit Performance Despite Recent Loss

Taiwanese LED chip manufacturer Epistar saw earnings turn to losses in 3Q13, due to loss on valuation of financial liability. Although, the company’s gross profit rebound rate was much lower than expected in 2013, higher gross profits from Embedded LED chip (ELC) and AlInGap products will help gross profits return to 17.8 percent levels, CLSA forecasted.

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