Largan's revenue in September was 5.779 billion yuan, a monthly increase of 15% and a year-on-year decrease of 7%.

Largan's revenue in September was 5.779 billion yuan. (File photo)

[Reporter Ou Yuxiang/Taipei Report] Largan (3008), a leading optical lens manufacturer, announced today that September revenue was 5.779 billion yuan, a monthly increase of 15% and an annual decrease of 7%; third quarter consolidated revenue was 15.651 billion yuan, a quarterly increase of 15% and an annual decrease of 11%; cumulative revenue in the first nine months was 44.86 billion yuan, an annual increase of 2%. Largan Guang pointed out that the momentum of purchasing goods in October is similar to that in September. The main reason for the decline in the third quarter compared with last year is that the items and progress of client product shipments are different from last year.

In September, Apple’s (Apple) new iPhone model was released. The third quarter is the traditional peak season for the optical industry. Benefiting from the performance of Apple’s new iPhone, single-quarter revenue will increase significantly. Largan has also continued to work in the field of CPO (co-packaged optics) recently. This year, Largan has invested more than 8 billion yuan to purchase 7 factories in the Precision Machinery Park and Taichung Industrial Park for production expansion. Largan will hold a press conference in August, and the market is looking forward to Chairman Lin Enping’s future operating outlook.

Judging from the proportion of Largan's products in September, 10 million pixel products accounted for 60% to 70%, the products with 20 million pixels and above accounted for 10% to 20%, the 8 million pixel products accounted for less than 10%, and other products accounted for 10% to 20%.