Skyworth H1 FY2012/13 Profit Up 27% YoY
Hong Kong Exchanges and Clearing, 11/28/12
Consumer electronics manufacturer Skyworth Digital Holdings (0751.HK) has announced its financial results for the six months ended September 30, 2012. H1 FY 2012/13 revenue was HKD 16.40 bln, representing an increase of 25.4% YoY over the same period last year
H1 FY 2012/13 profit was HKD 618 mln, an increase of 27.4% YoY from HKD 485 mln a year before.
During the period, the mainland China market accounted for 84.2% of the group's total revenue, an increase of 18.4% YoY to HKD 13.80 bln from HKD 11.65 bln a year before.
The group's TV business in mainland China accounted for 89.4% of the total domestic revenue with total revenue of HKD 12.34 bln, up 20.4% YoY. Revenue from digital set-top boxes sold in mainland China was HKD 871 mln, down 6.6% YoY. Revenue from LCD modules sold in mainland China was HKD 146 mln, a decrease of 20.7% YoY. Other business units include those engaged in manufacturing of washing machines, refrigerators, moulds, automobile electronics, other electronic products and rental collection etc., attributed the remaining 3.2% of mainland China revenue.
Revenue generated from overseas markets was HKD 2.59 bln, up 82.3% YoY from HKD 1.42 bln a year ago. The revenue from overseas TV products for the period was HKD 996 mln, up 34.2% YoY. Overseas digital set-top boxes revenue for the period increased by 89.2% YoY to HKD 1.14 bln.
To view the complete report please see here.
Keywords: revenue television LCD Skyworth 0751.HK fiscal report set-top box TV set
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