China's Hisense Net Profit Up 179.94% In Q3 2009

October 30, 2009 | Print | Email Email | Comments | Category: Business





    Qingdao Hisense Electric Company Limited has published its financial report for the third quarter of 2009 and states its net profit from July to September 2009 increased by 179.94% year-over-year to CNY142 million.

    The report also shows that from January to September 2009, Hisense's revenue was CNY13.049 billion, an increase of 30.47% compared with the same period of last year. Meanwhile, its sales costs increased by 47.89% year-on-year and its financial costs decreased by 30.21% year-on-year.

    Hisense's press release stated that the revenue growth was promoted by the increase of both domestic and overseas sales. For the sales costs increase, the company explained that it was mainly because the company enhanced market investment. For financial costs decrease, it was attributed to the reduction of export exchange gains and losses.

    Related Links:

    Find more stories about: ,

    Recommend this page: 1 Star2 Stars3 Stars4 Stars5 Stars

    Loading ... Loading ...
    Related News:
  • Hisense Shifts To Multimedia Supplier
  • Hisense Releases Details Of Home Electronics Acquisition
  • Hisense Puts China's First LCD Production Line Into Operation
  • Hisense's Fifth Overseas Production Base Put Into Production
  • IBM Enters China's Smart Traffic Market
  • Hisense Establishes First Xinjiang Color TV Manufacturing Base
  • Hisense Establishes TD-SCDMA Product Line
  • China's Datang Expects Net Profit Up 70% In H1 2009
  • Hisense Group Unveils First Personal Intelligent TV In China
  • China's Suning Made Net Profit Of CNY2.881 Billion In 2009



    • Leave A Comment:



    Inside ChinaTechNews.com


      Other China News

      China Sourcing News:

      Home Building Chain Closes Another Store In China

      American Internet Retailer Adds Courier Fees In China

      French Optics Company Announces Two China Investment Deals

      Increasing Manufacturing Costs Cause Trouble For Chinese Retailer
      TechSecurityChina.com:

      Inspur International To Sell Chinese E-government Business

      Shareholder Disputes Settled For Chinese Media Firm

      Qihoo 360′s Safebox Software Will Integrate With Uuu9.com

      Apple Suspends iPhone 4S Sales In Retail Stores In China
      ChinaWirelessNews.com:

      ZTE Launches First Tablet In America

      Apple Adopts New iPhone Sales System In Hong Kong

      China Telecom To Launch CDMA-based iPhone 4S

      China Mobile's Call Center In Luoyang Formally Launched

      Visit these other China sites: ChinaRetailNews.com | GreenChinaTech.com | ChinaWirelessNews.com | TechSecurityChina.com | China Sourcing News | China CSR