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PCH revenue up 72%, driven by smartphone and tablet demand

Chinese manufacturing company PCH International has announced its 2011 full year results – reporting a big rise in revenue and record profits off the back of strong demand for smartphones, tablets and ereaders. The company, which has its corporate headquarters in Cork, Ireland and operational headquarters in Shenzhen, China, designs and makes consumer electronics in partnership with PC makers and consumer electronics brands.

PCH International reported a 72 percent increase in revenue for the year — to $710 million — while gross profit for the year totalled $70.7 million, an increase of 46.6 percent year-on-year, translating to a net profit of $17.9 million. EBITDA amounted to a record $24.5 million — a 37.9 percent year-on-year rise.

via Gadget Maker PCH International’s 2011 FY Results: Revenue Up 72% To $720M, Driven By Smartphone, Tablet Demand | TechCrunch.

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