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IT: TPV profit doubles
(HK Edition)
Updated: 2006-04-04 14:45
TPV Technology Ltd, the world's biggest computer monitor maker, said
yesterday its profit more than doubled in the fourth quarter as sales of
high-end monitors boomed and component prices stabilized.
TPV, whose main production base is on the mainland, reported net profit of
US$43.13 million for the three months ended December, compared with US$18.71
million a year earlier, according to Reuters calculations based on full-year
data.
The result was in line with estimates of two analysts polled by Reuters, with
one expecting a fourth-quarter profit of US$45.7 million and the other
forecasting US$37.5 million.
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