TCL's LED LCD TV sales increased by 39.96% in the first quarter

[High-tech LED News] TCL Group recently released its first quarter 2011 financial report. According to the financial report, the company's total operating income in the first quarter of this year was 13.374 billion yuan, of which sales revenue was 13.037 billion yuan, a year-on-year increase of 12.14%. The company achieved a net profit of 223 million yuan, a year-on-year increase of 245.34%. Among them, TCL Group has made financial provision for the pre-announced European litigation settlement program in the first quarter, and the impact on the company's net profit in the first quarter of 2011 was approximately RMB 30.02 million.

Sales of TCL Group's 2010-2011 color TV business (unit: thousand units)

The company's comprehensive gross profit margin in the first quarter rose by 1% year-on-year. Among them, color TV profitability is still recovering. In the first quarter, the gross profit margin of color TV domestic sales increased to 21.8%, the operating profit margin rebounded to 4.3%, and the product structure continued to improve. The sales of LED backlight LCD TVs were 205,000 units, accounting for the total LCD TVs. The sales ratio increased to 39.96%.

In order to expand the development opportunities of overseas market demand, TCL Group also launched a series of LED-backlit LCD TVs, including V6200, E5200, P51, D3200, etc., and successfully introduced LED-backlit LCD TVs to Brazil, India, Russia and the Middle East. .

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