Company Profile For Hisense Kelon Electrical Holdings Co.,Ltd

Hisense Kelon Electrical Holdings Co.,Ltd (0921.HK) (Hong Kong Stock)

sector: Cyclical Consumer Goods & Services · industry: Appliances, Tools & Housewares ·

As of 25 Nov 2009

3.45HKD

Price Change

+0.02

Percent Change

+0.58%

Analyst Recommendations

Overview

Hisense Kelon Electrical Holdings Co.,Ltd is principally engaged in the development, manufacture and distribution of home electrical appliance. The Company mainly offers air conditioners, under the brand names of Hisense and Kelon, and refrigerators, under the brand names of Hisense and Ronshen. The Company also provides freezers and washing machines, such as barrel washing machines and rotary drum washing machines. The Company's air conditioners are classified as on-hook air conditioners and cabinet air conditioners. The Company's refrigerators include side by side combination refrigerators, multi-door refrigerators, general computer refrigerators and general mechanical refrigerators. The Company is also involved in the provision of after-sale services. The Company distributes its products within the domestic market and to overseas markets.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Hisense Kelon Electrical Holdings Company Limited's total revenues decreased less than 1% to RMB7.46B. The Company's net income for the period totaled RMB182.7M, up from RMB50.1M. Total revenues reflect a decline in sales due to weaker market demand and intensive market competition. Net income benefited from a higher gross profit margin, as well as decreased finance expense.

Company Address

Hisense Kelon Electrical Holdings Co.,Ltd
No. 8, Ronggang Road
Ronggui Avenue
Shunde District
Foshan GNG 528303
P: +86757.28362570
F: +86757.28361055