News Column

TCL Multimedia H1 Net Down 12.4%

August 15, 2014

BEIJING, August 15, SinoCast -- TCL Multimedia (SEHK: 1070) announced net profits attributable to shareholders hit HKD 169 million in the first half of this year, falling 12.4% over a year earlier, and no interim dividends will be distributed.

Operating revenue hit CNY 15.203 billion, falling 15.9%; gross profits hit about CNY 2.382 billion, falling 16.1%; after-tax net profits of continuing operations hit about CNY 168 million, falling 13.8%.

The company sold a total of 7.56 million LCD TVs in the period, falling 2.0%; 3.56 million LCD TVs in China, falling 21.7%; 4 million LCD TVs overseas, growing 26.1%.

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Source: Sinocast Consumer Products Beat (China)

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