LED customer capacity investment caution Veeco this year Q1 revenue reduced by 45%

Veeco announced its first quarter (January-March) earnings report for 2012, with revenue down 45.1% (27% quarter-on-quarter) to $139.9 million; earnings per share of the industry were $0.49, down from $1.44 and the previous quarter of the same period last year. $0.72.

Looking forward to this quarter (April-June), Veeco expects revenue to be between $1.20-1.45 billion (intermediate value of $132.5 million, quarterly decrease of 5.29%); earnings per share will be between $0.29 and $0.48 (The median is $0.385). Veeco estimates that revenue will reach $500 million to $600 million this year (down 39-49% from 2011's $979 million).

Veeco pointed out that although MOCVD orders rose slightly in the first quarter, there was no significant reversal in the customer procurement model. Veeco said that LED customers are still cautious about capacity investment plans, and it is still unclear when the MOCVD market will recover. However, there have been some positive signs in the industry. For example, capacity utilization in South Korea, Taiwan and the mainland has started to rise, and customer inquiry activities have begun to increase.

Crawler Tractor for Agriculture:

Crawler tractor for agriculture can be widely used in agriculture, by installing the agricultural equiment, the farm tractor can be used for farm land cultivation, harvest and ridging. These Agriculture equipment crawler tractors we produced are domestic initiative and technology leading. The performance, such as hydraulic controlled differential - brake turn to technology, 360-degree steering wheel control and spin turn are our company`s unique advantages. In addition, our products also have the superiorities of triangular track drive, low grounding pressure and better paddy field performance. These products are of high efficiency, long operating life. and low fuel consumption. Our crawler tractors are easy switching between hydraulic infinitely variable speed and mechanical transmission.

 

Crawler Tractor for Agriculture03


Crawler Tractor for Agriculture Technical Parameters:

1. Mini ground clearance: 400mm

2. Engine form: direct injection, vertical, water-cooled, four-stroke

3. Engine Fuel: diesel

4. Engine rated power: 50-66Kw

5. Working device lifter type: semi-split


Typical Applications: can be worked in paddy field, dry land, hilly ground or greenhouse.

If you have any questions, please contact us directly. Crawler tractor for agriculture are produced by Hunan Nongfu with high quality and good appearance.

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Crawler Tractor for Agriculture

Agricultural Crawler Tractor, Land Cultivation Tractor, Mini farm Tractor, Agricultural Equipment

Hunan NongFu Machinery&Electronic.Co., Ltd. , https://www.nfagmachine.com

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