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Konka Reports Fast Sales Overseas

2006-08-17 15:14:42 Xinhua News Agency

 

  Konka Group Co. Ltd, one of China‘s major home appliance makers, reported 62 percent growth year on year in overseas color TV sales for January to June 2006, Xinhua-run China Securities News reported Tuesday.
  
  Konka has also sold more than 1 million cell phones overseas during the period, the report said, without elaborating on the company‘s overseas sales income.
  
  According to the report, in the first half of 2005, Konka‘s income from overseas color TV sales reached 610 million yuan (US$76.25 million), with a gross profit margin of 8.99 percent.
  
  Last year, Konka‘s sales income from overseas color TV sales totaled 1.479 billion yuan and made up 13 percent of the company‘s total revenue.
  
  Konka has already entered markets in South America, South Asia and the Middle East.
  
  (Xinhua News Agency August 16, 2006)


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