In the third quarter, TV panel prices fell, affecting revenue performance. Group third quarter revenue of about 79.58 billion yuan, compared to 5.9% decline in the previous quarter, gross margin fell 4.5 percentage points over the previous quarter, came to 20.3% Operating income of about 10.895 billion yuan, quarterly reduction of 31.1%, pre - tax net profit of about 11.676 billion yuan, after - tax net profit of 8.757 billion yuan, quarterly rate of 27.7%, earnings per share of 0.88 yuan accumulated the first three quarters of this year net profit of about 327.33 Billion yuan, earnings per share of 3.29 yuan.
Looking ahead in the fourth quarter, the demand for TV panels is still growing steadily, demand for mobile phone panels is strong.Qiao Zhixuan, general manager of Group Chong expected that large-size panel shipments this season and the same quarter, the average unit price is down 5% Cargo estimated decline of 5% to 9%, the average shipping price is more than 5% decline.
TV product business group general manager Hongmao Sheng pointed out that this year's mainland TV market recession, Europe and the United States was flat, but more than 50 inches of television to become mainstream, group will increase the next large-scale TV panel sales force. Emerging markets benefit from CRT TV to replace Effect of fermentation, this year has a good growth, group to promote small-size TV to grab emerging market opportunities .2018 mainland 10.5 generation factory production, is generally expected to take some time to learn, the new 8.6 plant production, the market will have a certain Influence, so to ensure that the panel is the key to future competition, the group will create a new machine manufacturing model to deal with.
Wang Zhichao said that this year is the first year of group TV assembly, the next shipments will be gradually carried out from the group, as well as panel customers began to cut in. The previous expected there will be some results in the second half, but the whole assembly preparation period than expected Time is long, the beginning of the third quarter, the fourth quarter of each month there will be 10,000 to 20,000 small shipments .2018 will gradually heavy volume, is expected to ship in the first quarter is expected to rise to 10 million Taiwan, to the end of next year, the monthly shipments on the scale of 50 million units.
Next year there are other new technologies, new product production, 1.39-inch flexible OLED panel has a small amount of shipping, next year will be enlarged.