Taiwan's Yuefeng (8121) In the first half of 2010, revenue reached NT$972 million, an increase of 89.94% year-on-year, and the combined gross profit surged 23%. In the first half of the year, Yuefeng’s operating profit was 116 million yuan, net profit after tax was 120 million yuan, and EPS was rushed to 1.04 yuan.
The most important contribution of Yuefeng's profit comes from sapphire single crystal. Although sapphire single crystal only accounts for about 20% of Yuefeng's overall revenue, the market demand is good.
At present, the sapphire substrate is out of stock, the peak production capacity has been opened, and the Q2 price has risen smoothly, and the gross profit margin has continued to rise. Yuefeng also predicted the supply and demand gap of sapphire single crystals, which is expected to be slower in 2011.
Yuefeng's current monthly production capacity of sapphire single crystals has increased to 150,000 mm, and is expected to expand to 180,000 mm by the end of 2010. By then, the global market share will increase from the current 7% to 10%.
In addition, Yuefeng also plans to invest NT$1.3 billion in two years to expand the production capacity of sapphire single crystal by a factor of two, and the monthly production capacity will be 500-600,000 mm.

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