HONG KONG, July 11, 2014 /PRNewswire/ -- Tonly Electronics Holdings Limited ("Tonly Electronics" or "the Group"; SEHK stock code: 01249) announces its unaudited monthly sales performance in June and for the first half of 2014.
In June 2014, the Group recorded monthly revenue of HK$320.6 million from AV products, up 19.3% year-on-year. For the first half of 2014, the Group recorded revenue of HK$2,083.8 million from audio-visual ("AV") products, up 40.2% year-on-year.
The unaudited monthly sales revenue for video disc players decreased by 7.7% to HK$165.7 million in June, and that for the first half of 2014 increased by 2.6% year-on-year to HK$953.8 million.
The unaudited monthly sales revenue for audio products grew by 36.5% year-on-year to HK$119.5 million in June 2014 and that for the first half of 2014 increased by 35.3% year-on-year to HK$740.7 million.
The unaudited monthly sales revenue for media boxes surged by 1,909.2% year-on-year to HK$35.5 million in June 2014 and that for the first half of 2014 increased by 4,102.7% year-on-year to HK$389.4 million.
The Group will continue to solidify its leading position in the AV product market. Meanwhile, it will also strive to pursue for higher profitability by enhancing its research and development efficiency and developing a diversified product portfolio with audio products and media boxes as the focus to maximize value for its customers and shareholders.
| Unaudited Sales Revenue (HK$'000) |
June-14 |
June-13 |
YoY Change (%) |
Jan-Jun 14 |
Jan-Jun 13 |
YoY Change (%) |
| Video disc players |
165,685 |
179,488 |
-7.7% |
953,756 |
929,300 |
2.6% |
| Audio Products # |
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| - Traditional audio products |
78,014 |
75,306 |
3.6% |
391,509 |
439,569 |
-10.9% |
| - New audio products |
41,444 |
12,225 |
239.0% |
349,167 |
107,805 |
223.9% |
| Subtotal |
119,458 |
87,531 |
36.5% |
740,676 |
547,374 |
35.3% |
| Media boxes * |
35,502 |
1,767 |
1,909.2% |
389,381 |
9,265 |
4,102.7% |
| Total |
320,645 |
268,786 |
19.3% |
2,083,813 |
1,485,939 |
40.2% |
| * Media boxes includes OTT, which was categorized as video products in the previous press releases or result announcements. |
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| #Certain traditional audio products have been upgraded to new audio products, and revenue from the sales of such upgraded audio products for 2013 has been reclassified and restated accordingly. |
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Note: The above products do not cover all the business of the Group and the above figures do not fully reflect the business performance of the Group in the abovementioned period.
To see the full version of this release, including financial tables, click here: http://photos.prnasia.com/prnk/20140711/8521403966-a
