Vertical Divider
SFA Reports 2019 Revenue of $731.1m Down 47.8% Y/Y
May 10, 2020
Looking only at non-consolidated display revenue in Q120, SFA reported $141.4m, down 5.5%, Y/Y; due largely to COVID-19. Yuanta Securities projects that SFA could receive orders for $650M in 2020 for OLED display related process equipment such as laminators, automatic module handling systems, clean stockers and polarizer attaching systems.
SFA Engineering Segmented Revenues in 2019:
Table 1. SFA Revenues, Gross Profit and Operating Income 2019 & 2020
May 10, 2020
Looking only at non-consolidated display revenue in Q120, SFA reported $141.4m, down 5.5%, Y/Y; due largely to COVID-19. Yuanta Securities projects that SFA could receive orders for $650M in 2020 for OLED display related process equipment such as laminators, automatic module handling systems, clean stockers and polarizer attaching systems.
SFA Engineering Segmented Revenues in 2019:
- OLED—51%
- LCD -- 23%
- Non-display logistics -- 21%
- Semiconductor -- 4%
Table 1. SFA Revenues, Gross Profit and Operating Income 2019 & 2020
Source: Company, Yuanta Securities
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