Marbridge Daily

<- April 25, 2012 ->

Hedy 2011 Net Loss Reaches RMB 55 Mln

CNInfo, 4/25/12

Chinese computer manufacturer Hedy Holding (002027.SZ) has released its financial results for 2011, with revenue down 22.6% YoY to RMB 1.27 bln.

Net loss attributable to shareholders was RMB 54.77 mln, compared to a net income of RMB 9.70 mln in 2010.

In 2011, revenue from all-in-one PC's was RMB 469.37 mln, down 21.85% YoY. Revenue from peripheral computer products was RMB 425.93 mln, down 11.48% YoY. Revenue from digital communications products was RMB 295.24 mln, down 42.66% YoY. Revenue from other business was RMB 73.03 mln, up 97.36% YoY.

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