Skyworth FY 2009/10 H1 Profits Up 430% YoY
Skyworth, 12/02/09
Consumer electronics manufacturer Skyworth Digital Holdings (0751.HK) has announced its interim results for the six months ended September 30, 2009, with revenue for the period reaching HKD 10.01 bln, up 35.7% from the same period last year.
Profit during the period was HKD 609 mln, up 429.6% YoY.
Revenue from Mainland China accounted for 89.7% of total revenues, growing 45.5% YoY to reach HKD 8.98 bln.
Sales of TV products were HKD 9 bln, accounting for 90.1% of total revenue. Sales of digital set-top boxes were HKD 821 mln, representing 8.2% of revenue.
Skyworth expects annual overall TV sales volume for Mainland China to rise from 6.2 mln units to 6.5 mln units for 2009, and annual overall TV sales volume in the overseas TV market to drop from 2 mln units to 1.7 mln units.
To see Skyworth Digital Holdings' full earnings report, please click here.
Keywords: H1 2009/10 TV set profit revenue television sales volume Skyworth 0751.HK fiscal report set-top box
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