Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Changhong Reports 91.6% Fall in 2008 Net Profit
Apr 28, 2009
 Printable format
 Email this Article
 Search

The Sichuan Changhong Electric Co., one of China's major TV makers and home appliance manufacturers, said that its 2008 net profit fell 91.6% year on year to 31.1 million yuan (approx. US$4.6 million).

The company attributed the profit slump to damages caused by last year's May 12 earthquake in Sichuan Province and the adverse impacts caused by the global financial crisis.

The company's turnover rose 20.1% from a year earlier. It spent 155.5 million yuan ($22 million) in provisions related to losses from natural disasters.

Back to Daily News

 

Daily News

...........................................................

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows