TCL's net profit soars 573% in Q1

Updated: 2013-04-26 13:53

By Huang Tiantian (chinadaily.com.cn)

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TCL Corp, China's leading television and mobile phone manufacturer, said its net profit hit 481 million yuan ($78 million) in the first quarter of 2013, up 573.37 percent year-on-year.

The company's revenue rose to 18.47 billion yuan in the first quarter this year, an increase of 27.31 percent year-on-year, according to the company's first quarterly report released on late Wednesday.

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