Skyworth FY 2011/12 H1 Profit Up 30% YoY
Hong Kong Exchanges and Clearing, 12/01/11
Consumer electronics manufacturer Skyworth Digital Holdings (0751.HK) has announced its interim results for the six months ended September 30, 2011, with revenue for the period reaching HKD 13.07 bln, up 17.3% from the same period last year.
Profit attributable to shareholders during the period was HKD 461 mln, up 30.2% YoY.
During the period, the mainland China market accounted for 89.1% of Skyworth's total turnover, growing 15.2% YoY to HKD 11.654 bln.
Sales of TV products in the mainland China market grew by 18.4% to reach HKD 10.25 bln. Sales of digital set-top boxes in the mainland China market reached HKD 0.933 bln, down 23.8% compared with HKD 1.224 bln in the same period of previous year.
Skyworth expects to maintain its global TV set sales volume of 9 mln units for the financial year ending March 31, 2012.
To see Skyworth Digital Holdings' full earnings report, please click here.
Keywords: profit revenue television sales volume Skyworth 0751.HK fiscal report TV set
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