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Skyworth Group Limited Earnings Release 2018

Jul 16, 2018

49442_rns_2018-07-16_5be07764-f9b0-4ac2-ae2a-aa0002f4d5ee.pdf

Earnings Release

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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SKYWORTH DIGITAL HOLDINGS LIMITED ( 創 維 數 碼 控 股 有 限 公 司 ) *

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(Stock Code: 00751)

SKYWORTH DIGITAL HOLDINGS LIMITED’S KEY OPERATIONAL INFORMATION FROM APRIL TO JUNE 2018

This announcement is made by Skyworth Digital Holdings Limited (the “Company” together with its subsidiaries, the “SDHL”) pursuant to Rules 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors (the “Board”) of the Company wishes to present the following unaudited figures of SDHL:

SDHL’s operational information of the Group for 3 months from April to June 2018:

  • Revenue recorded HK$10,550 million, representing an increase of 13.4% year-on-year

  • Gross Profit Margin was 17.0%, representing an increase of 1.2ppt year-on-year

Including sales information of TV products:

3 months from April to June 2018 3 months from April to June 2018
Volume Revenue
2018 2017 Fluctuation 2018 2017 Fluctuation
Unit (‘000) Unit (‘000) Increase/(Decrease) HKD Million HKD Million Increase/(Decrease)
China Market (Note 1) 1,751 1,631 7.4% 3,751 3,841 (2.3%)
Overseas Market(Note 2) 1,424 1,479 (3.7%) 1,734 1,934 (10.3%)
Total 3,175 3,110 2.1% 5,485 5,775 (5.0%)
  • Note 1: The TV sales volume or revenue of the SDHL in China market relates to the SDHL’s sale of TV, substantially under brand, entirely in China market.

  • Note 2: The great majority of TV manufactured by the SDHL in the overseas market is manufactured for foreign TV brands owned by third parties for sale in overseas. Furthermore, the sales volume or revenue in the overseas market includes that relating to TV sold in complete-knocked down and semi-knocked down forms.

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Please note that all data above are unaudited and therefore may differ from the audited data. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board Skyworth Digital Holdings Limited Lai Weide Chairman of the Board

Hong Kong, 16 July 2018

As at the date of this announcement, the Board of the Company comprises Mr. Lai Weide as the Chairman of the Board; Mr. Liu Tangzhi as executive director and the chief executive officer; Ms. Lin Wei Ping, Mr. Shi Chi and Mr. Lin Jin as executive directors and Mr. Li Weibin, Mr. Cheong Ying Chew, Henry and Mr. Li Ming as independent non-executive directors.

* For identification purpose only

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