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Hisense posts net profit surge in 2009
(Xinhua)
Updated: 2010-03-30 09:23
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BEIJING - Hisense Electric Co, Ltd (Hisense), a major home appliances maker in China, announced Monday that it more than doubled its net profit in 2009.
In its annual business report filed to the Shanghai Stock Exchange, the Qingdao-based company said that its net profit rose 121.47 percent year-on-year to 498.23 million yuan ($73.05 million) in 2009. Its earnings per share stood at 1.009 yuan, up 119.35 percent from the previous year.
Shares of Hisense closed higher at 25.87 yuan per share, up 1.69 percent compared to the previous close on the profit jump report.
