Wah Hong revenues hit high in March

Taiwan-based optical film maker Wah Hong Industrial has announced record consolidated revenues of NT$746.18 million (US$23.52 million) for March, up 7.93% sequentially and 70.46% on year.

Consolidated revenues for the first quarter of 2010 totaled NT$2.18 billion, up 9.26% sequentially and 106.67% on year.

Wah Hong indicated that March revenues hit a record mainly because of increased shipments of lenticular lens for LCD TVs, light guide plates for LED-backlit TVs, as well as increased demand for functional engineering plastic and I-Con sheets for handsets.

Wah Hong started shipping lenticular lens for LCD TVs and light guide plates for LED-backlit TVs in the first quarter, the company noted, adding that lenticular lens accounted for over 7% of Wah Hong's total revenues.

Wah hong: Revenues, Feb 2009 - Feb 2010 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
Feb-10	513	(2.6%)	100.2%	1,040	123.9%
Jan-10	527	7%	157.1%	527	157.1%
Dec-09	493	10.9%	138.2%	4,780	3.8%
Nov-09	445	(1.2%)	89.4%	4,287	(2.5%)
Oct-09	450	(6.2%)	(1.5%)	3,842	(7.6%)
Sep-09	479	11.1%	(4.7%)	3,393	(8.4%)
Aug-09	432	(6.1%)	(18.4%)	2,913	(9%)
Jul-09	460	15.1%	(9%)	2,482	(7.1%)
Jun-09	399	19.6%	(1.7%)	2,022	(6.7%)
May-09	334	(25.5%)	(18.2%)	1,623	(7.9%)
Apr-09	448	19%	19.5%	1,289	(4.8%)
Mar-09	377	46.8%	10.1%	841	(14.1%)
Feb-09	256	25.1%	(10.5%)	465	(27%)