Changhong released its 1st quarter report on its bulletin, which shows that the total sales revenue for 1st quarter is 12.988 billion RMB, 19.37% year-on-year increase. The net profit is 148 million RMB, 39.91% year-on-year increase. The news spokesman, vice general manager of Changhong Multi-media industry group, Mr. Shui said that Changhong TV sales volume increased 50% for 1st quarter, and we believe that our total TV sales volume both in China and overseas market will reach 10 million sets in 2013.
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