Shengda said that in the second half of the year, India's market demand will pick up, smart antennas, satellite communication components will be stable, and radio system demand will pick up. Revenue is expected to continue to grow, and gross margin is expected to rebound significantly.
Shengda Branch fell 1.8 yuan yesterday, closing at 82.3 yuan, with a volume of 3,187.
Shengda benefited from microwave and millimeter wave product shipments, which led to a quarterly revenue of 474 million yuan in the second quarter, a 14% increase in the quarter, an annual increase of 10.7%, a record high, and a single-quarter gross margin of 34%. Foreign exchange earnings and dividend income, after-tax net profit of 93.76 million yuan, a 174% increase, an annual increase of 11.9%, the third highest in history, a quarterly net profit of 1.41 yuan per share.
Shengda said that it will increase the revenue of the well-known brand antenna customers in the second half of the year, and the satellite communication customer product certification will continue to pass, which will help expand the operation project and increase the camp sports.
Looking forward to the second half of the year, Shengda believes that in the second half of the year, demand in India will pick up, smart antennas, satellite communication components will be stable, and radio system demand will pick up. Revenue will continue to grow. The third quarter will benefit from the increase in the proportion of high-margin products. When the operation of Huihui returns to economic scale, the gross profit margin will rebound significantly. In the fourth quarter, revenue will increase, and the proportion of high-margin products will increase again. The gross profit margin will grow again.
Looking forward to the future, Shengda Branch said that India's 4G market continues to be hot, and the former major customers are also deeply involved in the Indian market. Customers' demand for satellite broadband products has also increased.
Shengda pointed out that looking forward to 2019 to 2021, optimistic about 4G LTE is still the mainstream of the communication market in the next five to eight years, will join the development of new European customer market, satellite broadband products revenue is expected to double in three years, and 5G base station will More than 80% use millisecond wave and other backhaul network technologies, and it is expected to catch 5G business opportunities.