TCL three quarterly report pre-up of 136%, Huaxing Optoelectronics is the main driving force

Recently, TCL Group (000100) released its 2013 third quarter results forecast. It is estimated that the net profit attributable to shareholders of listed companies in the first three quarters will be approximately 9.5-1.15 billion yuan, a substantial increase of 95%~136% over the same period of the previous year. Subsidiary Huaxing Optoelectronics has become the main driver of performance growth.

According to the announcement, TCL Group achieved a liquid crystal glass substrate volume of 101.14 million pieces, a year-on-year increase of 146.02%; realized LCD TV sales reached 12.8763 million units, an increase of 16.57%; realized mobile phone sales of 360.278 million units, an increase of 23.51%, of which intelligent Mobile phones grew by 136.40% to 9,893,300 units.

It is understood that the subsidiary company Huaxing Optoelectronics has exceeded 1 million pieces of liquid crystal glass substrates from January to September this year, a substantial increase of nearly 1.5 times compared with the same period of last year. The total sales volume of LCD TV panels and modules reached 15.56 million, an increase of nearly 2 times. It is the main driving force for the profit growth of TCL Group.

Major Ingredient

Shaanxi Xinlong Metal Electro-mechanical Co., Ltd. , https://www.cnxlalloyproduct.com

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