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Changhong Expects Net Profit of US$62.5 Mln Sichuan Changhong Electric Co., Ltd, one of China's largest consumer electronics providers, is expected to net a profit of 500 million yuan (US$62.5 million) this year, a company official said on Tuesday. The sales revenue of the company may reach 23 billion yuan this year, said Liu Tibin, general manger of the company. Changhong reported a net profit of 125.29 million yuan in the first half of this year, he said. It reported a sales revenue of 17.6 billion yuan with a net profit of 285 million yuan last year. (Xinhua News Agency September 13, 2006) Your Position:Home ->china business-> Changhong Expects Net Profit of US$62.5 Mln Director of Online Content Development: 4689777@gmail.com Director of Online Sales and Chinese Product Procurement Service: shop@ddpcn.com |
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