Spotlight Stock: Edison Opto Reports July Revenue at Nearly 8-Year High, Jumps to Limit-Up

LED packaging leader Edison Opto (3591-TW) announced on the 4th that its July revenue reached NT$270 million, representing an 11.41% increase month-over-month and a 28.53% increase year-over-year. This marks the highest revenue since July 2018. On the 5th, the stock opened at the daily limit-up price of NT$22.45, with nearly 3,000 trading lots in buy orders, rebounding from its lows and surpassing the 20-day moving average.

Benefiting from gradually stabilizing demand in its core automotive and lighting businesses, along with strong growth momentum in the North American market, Edison Opto expects its automotive and lighting product shipments to grow 10–20% year-over-year this year. The company is also actively expanding into emerging applications such as sensing components, targeting markets like robotic vacuum cleaners and drones, aiming to further optimize its product mix and advance toward its goal of returning to profitability.

In terms of operational restructuring, Edison Opto is reducing shipments of low-margin lighting packaging products and shifting focus toward high-value-added system integration solutions. By adopting a precise order-acceptance strategy, the company aims to improve average profitability and continue advancing toward its vision of becoming a leading professional LED manufacturing service provider.

The Zhongli factory and office facility acquired last year was handed over by the end of June. Renovation and interior work are currently underway in the third quarter, with full production scheduled to commence in the fourth quarter.