Third Quarter Earnings From Most Appliance Companies To See Steady Growth

Third Quarter Earnings From Most Appliance Companies To See Steady Growth

Two weeks, the trend in volatility, "

Home Appliances Countryside, "an impact on China's Shanghai and Shenzhen markets and even heavy economic news, many home appliances stocks benefited from the positive information. Just from the third quarter financial statements, the majority of home appliances company steady growth, macroeconomic environment is not significantly affected by blue chip plate.

Which, the industry leader Haier substantial increase in third-quarter net profit by 47% to 750 million yuan. Sichuan alone

Changhong (600 839) for special reasons, not anti-net decreased sharply reduced the rate of 67%.

, However, resulting in the growth of home appliance company performance is not the same reasons, of which the greater the company's growth from cost reduction to promote the main business revenue. Among them, three quarters of Qingdao Haier's main revenue growth less than 10%, but its main business has substantially increased profits by 24%, reduce the cost of the main industry is its main business the main reason for substantial profits.

There is likewise Hisense Electrical appliances, its third-quarter income from main employment in the same period last year remained the same level, but lower costs, its main business had made substantial profits by 8%, and even the growth of the last performance. Midea (000 527) is exactly the same, its third-quarter profit of main business substantially increased by 45%, and the complementary high growth performance.

Qingdao Haier Southern Region Sales Manager Mr. Huang said in an interview told this reporter: "international commodity prices generally fall makes household appliances since the company's 23 quarter decreased procurement costs; only in respect of Qingdao Haier, we since 2008, has implemented a series of cost control measures, for now has achieved initial success. "

Another part of the company's high profits are derived from the "cutting" efforts. Deep

Konka The main business profits and income from main employment grew by only 6% of all the range, its performance greatly increased operating profit surge comes mainly from 3 times. The increase in operating profit from the reduction of financial costs, the company's third quarter financial cost of more than 4085 million from last year down to the current 5.34 million yuan.

Finally, a small number of the company's investment income earned enormous profits for the company. As

TCL Group, when its main business revenue and profit are the main industry more than 20% occurred in a substantial reduction, but when it has substantially increased its investment in two to nearly 4 billion, and even the substantial increase in its final performance.

Professionals that the main costs to promote the performance-based company, operating in the market of long-term planning and moving the capacity of the camera, no doubt about the future growth potential; contrast, relying solely on "saving" or "open source "to drive the growth of current performance of companies, the unpredictability of future large.

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