Sales revenue increased by 21% at a total of 5.6 billion; Exports increased by 22.5%; Digital Set Top Box sales was 6.7 times higher
On 21st December 2006, Skyworth Digital Holdings Limited published the achievements from April to September 2006. The sales turnover was increased by 21% as compared with last year with a total of HK$5.617 billion. Gross profit was increased by 16.2% with total HK$913 million and net profit increased by 211.1%. The profit per share was HK$1.22 cents.
Skyworth digital set top box and mobile phones have brought HK$730 million sales revenue to the Group which gives 13% of total. The sales of digital set top box increased very fast and were 6.7 times as compared with last year at the same time.
In a recent research conducted by GFK Asia Pte Ltd. in September 2006, the Skyworth Group's market share was the largest in terms of sales revenue which occupied 10.6% of total, while the sales volume occupied a share of 13.9%.
China is still the main market. In the first half of year, the sales turnover of Skyworth in China was increased by 20.7% to give a total of HK$4.8 billion. In the overseas market, the sales revenue was increased by 22.5% to give a total of HK$768million. HDMI TV reached a total export of 902,400 sets increasing by 44.1%. The Group’s sales revenue has increased by 86.3% in total.
Mr Zhang Xuebin, the CEO of Skyworth Digital Holdings said, "Brand promotion is a long term strategy and mission. We are pleased to see that Skyworth’s brand promotion has made achievements. In this flat TV era, I think local brands have greater advantages in research and development, manufacturing and service than foreign brands. We are confident that we can bring the brand further with our strengths in research and development and innovation.”