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HONG KONG, Apr 30, 2015 - (ACN Newswire) - Tongda Group Holdings Limited ("Tongda" or the "Group") (Stock Code: 698) has presented the operating position for the three months ended 31 March 2015.
Based on the unaudited management accounts of the Group for the Period, turnover of the Group amounted to approximately HK$1,200,000,000, representing an increase of approximately 41% as compared with that for the three months ended 31 March 2014.
During the period under review, sales to the Group's five largest customers accounted for approximately 60% of the total sales for the Period, of which sales to the largest customer increased from approximately 23.5% in the corresponding period last year to approximately 24.3% for the Period. Sales to the second largest customer rose from approximately 2.7% in the corresponding period last year to approximately 17.5%, while that of the third largest customer rose from approximately 3.1% in the corresponding period last year to approximately 6.6%.
During the Period, major orders of the Group's handset business included Mate 7, G7 and P8max of Huawei as well as Xiaomi 4, Redmi Note and Redmi 2 of Xiaomi.
Contact:
Strategic Financial Relations Limited
Vicky Lee Tel: 2864 4834 Email: vicky.lee@sprg.com.hk
Angela Ng Tel: 2864 4855 Email: angela.ng@sprg.com.hk
Angel Li Tel: 2864 4859 Email: angelok.li@sprg.com.hk
Fax: 2527 1196
Website: www.sprg.com.hk
Topic: Press release summary
Source: Tongda Group
Sectors: Daily Finance
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From the Asia Corporate News Network
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