TCL says net profit in third quarter is expected to increase from a year earlier

Absrtact: According to the US Wall Street Journal October 10, TCL Communications Technology Holdings Limited said net profit in the third quarter is expected to increase over a year earlier, the company is moving from the functional machine sales to the smartphone business transition. The company issued a notice that the third quarter

According to the US Wall Street Journal October 10, TCL Communications Technology Holdings Limited said net profit in the third quarter was expected to increase over a year earlier, and the company is transforming from a functional-machine sales to a smartphone business.

The company announced that the third quarter of intelligent terminal sales jumped 110%, to 10.9 million units. The company said in the evening of 9th that the proportion of intelligent terminals in the third quarter to total sales rose from 34% a year earlier to 58%.

Tcl also predicted a sharp increase in net profits for nine months up to September.

The company announced a net profit of HK $223 million in the third quarter of 2013 and a net profit of HK $14 million for the nine months ended September 2013. Reporter Chen