Enterprise Center Daily News Gains Across The Board Leading Home Appliance Industry Boom Of The

Qingdao Haier has to hand over the first half of

excellent report card, in the first half net profit of 665 million yuan, up 21.30 percent; to achieve earnings per share were 0.497 yuan, in 2009 interim results hit a record high. August 18,

TCL Group published Interim report in 2009, TCL Group first half operating income 17.526 billion yuan,

Sell Income of 17.079 billion yuan. Among them, the second-quarter sales reached 9.51 billion yuan, up 0.85%, representing a sequential quarterly increase of 25.64%; a net profit of 98.91 million yuan, up 27.65 percent, of which the second-quarter net profit of 83.96 million yuan, the chain than the first quarter growth of 461.68 percent.

Number of leading enterprises Center Daily News gains across the board, means the appliance industry to become

Financial Crisis in the context of early recovery, one of the industry, the continued favorable national policy, the household appliances industry, one after another turn around the economy is markedly increasing, leading shares in institutions optimistic.

Significantly improved performance As of August 19 there have been 16 home appliance industry, disclosure of semi-annual report 2009 second quarter results for the chain have improved year on year decline has also narrowed. Insiders pointed out that home appliance industry performance in the second quarter turning point means that the industry is gradually recovering from the financial crisis, while the second half of the coming season, will lay the foundation for industry growth throughout the year.

Wind statistics show, 16 companies disclosed semiannual reports second-quarter operating income reached 35.5 billion yuan, with a quarter compared to 26.09 billion yuan, an increase of 36%; total net profit of 1.458 billion yuan, with a quarter compared to 376 million yuan, an increase was as high as 287 percent.

Appliance industry in the second quarter sequential revenue growth of 14 home, only to Hefei

Sanyang Sichuan Hushan companies revenue, decreased. The net profit for second quarter, the growth of chain reached 15, only

Hisense Electric fell 6%; and second quarter of 2008 compared to growth of reaching 13, only the shield security environment, Guangzhou Refrigeration, Sichuan Hushan three companies fell.

Sentiment index rose 8 19 State Council executive meeting clearly support the participation of SMEs eligible appliances

Agricultural Machinery , Cars, motorcycles and other rural areas, and home appliances, automobiles TM to other services. Implementation of export tax rebate policies, support for SMEs to international markets.

"State clearly support the participation of eligible SMEs

Bringing home appliances And other services, will make it more crisis measures for SMEs in the country to profit. "National Information Center, a research fellow ZHANG Yong-jun said.

Countries to support SME participation in bringing home appliances business, which will expand the industrial chain of home appliances to the countryside on the coverage, sustained domestic demand, so that more of the household electrical appliance enterprises to benefit China's economy toward a full recovery is of great significance .

From the recently released "in the climate index by industry", second quarter, the home appliance industry by climate index was 96.43 points, the warning by the home appliance industry index for the 80 points. Household appliances production and exports have rebounded slightly than the first quarter; industry as a whole has improved profitability, gross profit increased by 11.19% year on year, rebounded more obvious; investment growth steady, the total investment in fixed assets increased by 27.10% year on year; losses of loss-making enterprises down, business inventories decreased.

The second quarter of China's home appliance industry, though hampered by exports, shrinking external demand and other factors, but in the home appliances to the countryside, TM,

Energy Projects that benefit the strong support of such policies, the industry appears to run some indicators improved, the overall trend of gradual stabilization of the well to the positive direction.

Shen million released monthly household appliances, air conditioning July that substantial increase in domestic sales, exports, a smaller decrease in the valuation and household appliances have advantages, it is suggested that investors increase with household appliances. Significant increase in air-conditioning in July domestic sales up 67%, in line with expectations. Although the air conditioning in August is low season, but due to channel inventory greatly pre-digested plant shipments are expected to remain high growth, year on year growth will be significantly better sales growth in the terminal. Exports, July exports fell of 22% air-conditioning, a lesser decline. Shen Wanwei support positive growth in exports of 4 quarter of next year, after a quarter into the season driving revenue growth in the industry to judge.

by:gaga

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