[High-tech LED News] On April 14, TCL Group (000100) released the main product sales announcement in March 2011. For LCD TVs, the sales volume in March was 501,700 units, of which LED backlight LCD TV sales were 205,000 units. The proportion of total LCD TV sales increased to 40%. Compared with the sales of LED LCD TVs in February (91,000 units), the sales growth rate of LED TVs in March was 120%.
In addition, TCL Group's home appliance business maintained a good momentum of development. Air conditioners, refrigerators and washing machines sold 391,800 units, 92,700 units and 51,200 units respectively in March, up 125%, 202% and 158% respectively. AV products sold 1,77,700 units in March, a year-on-year increase of 30%. Global mobile phone and accessories sales reached 3.212 million units, a year-on-year increase of 42%.
At the same time, in the first quarter of this year's results forecast, TCL expects net profit for the first quarter of 2011 to be about 210 million yuan - 230 million yuan, an increase of about 225% - 255% compared with the same period last year (64.58 million yuan).
In addition, TCL Group's home appliance business maintained a good momentum of development. Air conditioners, refrigerators and washing machines sold 391,800 units, 92,700 units and 51,200 units respectively in March, up 125%, 202% and 158% respectively. AV products sold 1,77,700 units in March, a year-on-year increase of 30%. Global mobile phone and accessories sales reached 3.212 million units, a year-on-year increase of 42%.
At the same time, in the first quarter of this year's results forecast, TCL expects net profit for the first quarter of 2011 to be about 210 million yuan - 230 million yuan, an increase of about 225% - 255% compared with the same period last year (64.58 million yuan).
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