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Skyworth Digital reports 23.4% surge in H1 net profit

Dec. 7, 2012 (China Knowledge) - Skyworth Digital Holdings Ltd<0751>, one of the top three TV manufacturers in China, has announced that its net profit rose 23.4% YoY to HK$569 million in the six months ended Sep. 30.

Basic earnings per share for the period were 21.1 HK cents, up 19.2% YoY. The company proposed an interim dividend of 7 HK cents.

According to a statement filed with Hong Kong Stock Exchange, the company saw its turnover grew 25.4% YoY to HK$16.39 billion in the first half.

Gross profit was HK$3.3 billion in the six months, up 19.1% from a year earlier, and gross profit margin decreased by 1.1 percentage points to 20.1%.

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