Inger (8287) executives recently said that in 2011, they will further cut into the manufacturing industry and strive for LED street lights and charging station equipment orders. The legal person estimates that the revenue and profit in 2011 will grow by more than 30% compared with 2010.
In early 2010, Ingle signed a purchase contract with China Putian, including a one-year purchase order, amounting to approximately US$100 million (approximately 3.07 billion Taiwan dollars) and a three-year cooperation contract. At the beginning, it was concentrated on LED street light power supply. In 2011, there was an opportunity to transfer from simple procurement to the “material foundry†model of manufacturing foundry.
At present, the general framework of the LED street lamp power supply project has been completed, and the details are being negotiated and can be released in the near future. Charging cabinets and charging columns are fighting for the finalist license for Putian Offshore Oil and China Southern Power Grid next year.
In terms of smart TVs and smart phones, Ingle has locked orders from customers such as Quanta (2382) and HTC (2498). At present, consumer power supplies such as digital cameras account for 65% of Ingle's revenue. After the new products are added in 2011, the proportion will be lower, while other power sources such as Netcom and LED are higher than the current level.
In the first three quarters of 2010, the company's consolidated revenue reached NT$6.757 billion, and the net profit per share after tax was 4.05 yuan, up 203% and 293% respectively over the same period of 2009. It is estimated that Q4 revenue will continue to increase.
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