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CHANGHONG Net Profit for the First Half Rise 231%
2005-8-19 |
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| On Aug.18,2005, Sichuan Changhong Electric Co.,Ltd. posted 2005 Semiannual Report. It released the first-half net income increased 231.35% to 216 million yuan, the total profit 200.87% to 230M yuan, and main business earnings 39.86% to 7.221 billion yuan. Therein, the television share were up 21.15% to 4.725B yuan, the air-conditioner share surged to 1.213B yuan on 99.24% and IT products sales reached 808 million yuan. In such a situation of the slowed-down development of Chinese electric industry, Changhong became the highlight within the China Top 100 Electrics. According to insiders, the semiannual report shows Changhong has been back on track from a dismal 2004. The outstanding achievement confirms that “the most difficult period of Changhong is over”, quoted as Mr.Zhao Yong the new leader saying.
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