According to the latest information from the Taiwan Stock Exchange (TSE), Taiwan's LED packaging company Everlight EL ectronics announced plans to issue 85 million shares of common stock to support the sale of Global Depositary Receipts (GDR). Disposable Vapes,Disposable Vape Pen,E-Cigarette Vape Pens,High Performance Vaping Shenzhen Onlyrelx Technology Co.,Ltd , https://www.onlyrelxtech.com
Everlight Electronics said that the issuance of GDR aims to raise working capital and meet future growth needs.
Everlight Electronics announced that in 2009, the company's net profit reached NT$1.8 billion (US$56.62 million) and earnings per share were NT$4.89. In 2009, the comprehensive income reached NT$11.4 billion.
Market participants said that in 2010, large-size LED backlight business is expected to account for more than 20% of the company's total revenue, and the company's total revenue is expected to grow by 30%.
Everlight Electronics said that the company's board of directors has approved a plan to build a LED production line in Continental, mainly for backlighting and lighting applications. 