Free Essays For All Students
Haier Electronics Group Co., Ltd., an investment holding company, engages in the research, development, production, and sale of washing machines and water heaters. Its products include top loading and front loading washing machines, electrical water heaters, gas water heaters, and solar power water heaters. The company also manufactures and sells accessories for electrical appliances. It offers its products under the Haier brand name. The company is headquartered in Central, Hong Kong. Haier Electronics Group Co., Ltd. is a subsidiary of Haier Group.
15,500 Employees
Haier, the Chinese electrical appliance manufacturer, will open its first air-conditioner plant today in Prachin Buri as a production hub for Southeast Asia. Qu Yoonkiang, co-managing director of Haier Electrical Appliance Co, the Thai subsidiary, said the 170- million-baht factory in Kabin Buri district is the seventh air-conditioner production base for Haier worldwide.
Haier Electronics Group Co. Ltd. reported consolidated earnings results for the six months ended June 30, 2008. For the period, the company reported profit of HKD 135,460,000 and profit attributable to equity holders of the parent of HKD 128,317,000 or 6.60 cents per diluted share on the turnover of HKD 5,307,063,000 compared to profit of HKD 86,303,000 and profit attributable to equity holders Of the parent of HKD 72,465,000 or 3.91 cents per diluted share on the turnover of HKD 3,583,914,000 for the same period a year ago. The growth was the result of its well-received marketing and promotion campaigns, strategy of promoting sales in the 3rd and 4th tier markets and the rural area, while also focusing on technology innovation, as evidenced by the continued success in the environmental friendly dual-drive detergent-free washing machines, which achieved strong sales growth. The Board has resolved to declare an interim dividend of 2 cents per share and a special interim dividend of 2 cents per share a, as a gratitude to the...