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RTNominal down0.241 -0.005 (-2.033%)

29/10/2021 15:22

Tongda Group (00698) 9-month turnover up 10.1% to HK$7,340m

[ET Net News Agency, 29 October 2021] Tongda Group Holdings Limited (00698) said for
the nine months ended 30 September 2021, the turnover was HK$7,340 million, which has
increased by 10.1% as compared with HK$6,667 million for the corresponding period of last
Due to the shortage in chips in the global smartphone market, there was a year-on-year
decrease in global shipment volume during the third quarter, which has caused an adverse
impact on the group's handset business. However, the group is committed to seeking
opportunities for various cooperation with more industry-leading brands, such that it can
further its research in and development of competitive products, deepen and consolidate
good business relationships, thereby realising its production capabilities and value. (RC)

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