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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • SGOC - SGOCO Group: 12Q4 Revenue Rises 144 Percent QoQ 0 comments
    Apr 23, 2013 3:43 AM | about stocks: SGOC

    Prepared by ChinaScope Financial | Source:Company Disclosure

    • SGOCO Group Ltd. (SGOC: NASDAQ) announced recently that company revenue for the fourth quarter of 2012 increased 144 percent quarter-on-quarter (QoQ) to USD 63.4 million. Gross profit margin for the same period stood at 7.7 percent, compared to 3.6 percent in the previous quarter. Net income for 12Q4 was USD 3.2 million, a turnaround from a net loss of USD 1.1 million in 12Q3.
    • In 2012, the company made USD 166 million in revenue, down 46.8 percent year-on-year (YoY). Gross profit for the fiscal year decreased 63 percent YoY to USD 33.7 million, and net income fell 74.6 percent YoY to USD 4.21 million.
    • SGOCO Group Ltd. specializes in product design, distribution and brand development in the Chinese flat-panel display market.
    Stocks: SGOC
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