Net Income Household Electrical Appliance Enterprises To Enhance Pricing Power To Be Strengthened

Recently, the home appliance industry in 2009 third quarter earnings out the door

. In

Bringing home appliances

, Trade-driven by policies, Hisense, TCL, Haier, Midea, Gree, and other enterprises localities.

Black

Respect, Hisense, TCL with Konka, Changhong, while net profit enterprises in stark contrast; in

White

, Since the upstream raw material prices falling, the growth rate of corporate profits improved significantly.

The potentially very strong profitable growth in the U.S.

In the third quarter earnings for white businesses, can be called happy. Filing shows Haier, Midea, Gree, Kelon, Little Swan, Meiling growth in both revenue. Among them, the United States and the total revenue of 10.756 billion yuan of business, up 16.18%, ranked first; Gree total revenue of 10.619 billion yuan, a slight increase of 5.20% over the previous year, ranked second; Haier's total revenue of 9.972 billion yuan, an increase of 41%, the third largest.

It is noteworthy that in this series of beautiful figures behind the white is more eye-catching corporate profits high. In the third quarter, net profit reached 760 million yuan Gree, up 69.08 percent; beautiful net profit of 405 million yuan, up 52.85 percent; Haier net profit reached 301 million yuan, up 48.88 percent; Kelon net profit 1.49 billion yuan, up nearly 140%; Little Swan a net profit of 68.6416 million yuan, up 46.24 percent.

Galaxy Securities analyst Zhu Lijun told the "China

Electronic

Newspaper "Reporter:" appliance companies reported third-quarter bright spot is the biggest drop since the price of raw materials, thus resulting in a sharp rise in gross profit margin. "

Has the backing of high profits, white enterprises to accelerate the adjustment of industrial structure, of which the greatest ambition of beauty. It is understood that Midea's small swan, Rongshida and beauty

Washing machine

The retail sales market share of about 12%, 8% and 1%, if concerted efforts, the Department of the United States share of industry in the washing machine is about 21%. Recently, Little Swan, Midea and white asset reorganization, the United States will be held 69.47% stake sold to Little Swan Rongshida. In

Refrigerator

Areas of beauty through the integration of Hualing, Rongshida, Little Swan, Snow Hill Holdings brand strategy action, has quietly completed in one or two market position in high end, three or four on the amount of the market quickly

Sell

Pattern.

For the beauty of the outbreak, Gree Group chairman Zhu Jianghong to the "China Electronics News," told reporters: "The ultimate record how, even before they see the outcome until the end of this year."

Hisense thriving

prices drive profits

The black power as the main business of enterprises, in the third quarter earnings compared with previous years some special, Hisense, TCL with Konka, Changhong's financial statements show a " " in situation.

Filing shows the third quarter of this year, Hisense operating revenues 5.633 billion yuan, net profit of 142 million yuan, up 179.94%; TCL, total revenues were 13.153 billion yuan, net profit of 54.4943 million yuan, increase over the previous year 8.4%; Konka total operating income of 3.854 billion, net profit of 26.34 million yuan, down 75.47 percent year on year significant; Changhong, total revenue was 8.458 billion yuan in the third quarter net profit 53 million yuan, down 32.6%.

In many

TV

Enterprise, Hisense eye-catching performance with other companies formed a contrast. Among these, the profit once again become the focus of attention. "142 million yuan and 26.34 million yuan, an increase of 179.94 percent and 75.47 percent year on year decline," the number of such giants in China, Hisense and Konka TV body does have some unexpected. In response, Konka in the earnings report explained that: "The first panel prices have been rising in the first three quarters of this year, the profits are eroding. Second, the effect of the 2008 Beijing Olympic Games to promote a significant increase in TV sales, compared to third quarter of 2008 net profit higher level of net profit over the same period in 2009 has decreased substantially.

Net Income Household Electrical Appliance Enterprises To Enhance Pricing Power To Be Strengthened

By: xxyxy

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