Excerpts of CC regarding earnings outlook for next Q (JA - two of the following questions were asked specifically because of YOU):
- How has capacity utilization at Taiyuan and Gujiao been during Q1 and so far in Q2? These two facilities were running at 45% to 50% of total capacity. It depends on how quickly they want to turn inventory - typically LPH turns inventory about 8 times per year.
- How are sales and revenues trending so far this quarter? This quarter so far is trending ahead of last quarter in terms of dollars and volume of sales from the two exisiting facilities.
- What is the projected timeline for Huajie getting up to full inventory and sales? Huajie is expected to make a decent bump in total sales and net revenue for the current quarter (Q2). The third quarter will really start to make a substantial difference in total revenue and net income.
- No new revenue estimate for Huajie facility for this quarter at this time, company will release that in the future. Prior guidance for FYE 6/30/13 was based on pricing of oil as of September.
In case you want to read the actual boring conference call transcript rather than the above recap, see the SeekingAlpha article: