TVT Revenue Declines, "Severely Affected" By Lockdowns

Published Sep 12, 2022 13:34 PM

*** ** ******* ******* *********, *** manufacturer ******** *** *** *** ******** drop ****** *% *** *** ***** half ** *** ****, ******* ****** minimal ******** ** *** *** ****** harmed ** ***** *********.

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*** ****** **** ********* ************ "******** affected" *** ** ***********, **** ***** plummeting ****** **%. **** **** ********* TVT ** ********** ** **** ******** compared ** **** ****** ******, *** have ***** ******** ******* ********* ** home.

** **** ******, **** ******** ***'* latest **********, **** **** **** *** the ******* *** *********' ********* ***** TVT ****** ***** **** ***** *** Hikvision ** *** **.

TVT **********

*** ** * ********, ***** ***** surveillance **************** ~$*** ******* ** **** ************ ************* ** ******. *** ******************** ******* ***** ****** ******** **** ******* ******** ************ ***** ****** ***********.

Revenue ***** *** ** ** $***

** ********** *******, ******** ** ****** ****, *** announced *** ***** ******** **** *.**% to $** ******* ****-**-****:

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***'* ******* ****** *** *** **** any ******** ****** *** *** ******* drop.

*** ******* *** ** **% *** profit ******** ** $*.** *******, ********** in ** ********************* *** "**** ******" *** **** was ***-*** ******** **** ************.

Export-Focused *** ** *** ******

*** ************ ******** ** ***'* ***** are ******, *.*. $** ******* *** of $** ******* ** **%:

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*** ******** **** ****** ********** *** ******** *** "****** *** overseas *******, ********** ********* ********* ** Europe *** *** ****** ******."

Larger *** ****** **** ********

***'* *********** ****** ** ******** ** its ***** ******, *** *** ******** revenue ***** *** ** ***** *** substantial ******** ******* ********* *** **:

********* *** *****'* ************* ***** *** more *********** **** ***'*, **** ****** presences ** ********** ********* ****** ****, Africa, *** ***** *******. ** ********, TVT ******* ** *** ** *** Europe, ******** *** ************* *** ******.

TVT **** ********* "******** ********," ** ****** ********

** **** **** ******** ****(****** *** ** ******* **** ********), TVT ****** *** ********* *** ***** dropping **.**% **** ****** $**.**, ******* "*** *******'* ******, production, ***** **** ******** ********":

**. *** *** *** *********** ** the ***** ******* ** **** **** have **** * ***** ******** ******?

*****, ******* *** *******'* ***** ***** Delta ****** *** ******* ******** ** the ******** ** *** ***** ******* of ****, ***company's ******, **********, Sales **** ******** ********. [emphasis added]

****** *** ****, *** **** ** would ** ******, **** *** *******'* operations ********* ** "******" ** "*** current ******** ********* ** ******". *** was **** ** ****** ** ******** growth ** ** **** *** **** just ******, ******* **** ~$**,*** (*.***%) to $**.** ****-**-****.

Struggling ** *** ** ******

******* ***** ************ *** *** ******* by *** ****, *** ** ********** to *** *** ** ******, *********** TVT's *** ********* *** ***** ***** about *** ***** ** ****** **** ******** ****, *.*. ******* ********************* ********* ***** ** **** *** TVT's ** *****:

********, ***** **** **** ******** ******* in *** ****** ****Hikvision **** ** ********** by the United States.Is **** ******** **** *** *** ****** ****** [*** ******]? What about the market? It has been a while since Hikvision was sanctioned. Could you tell me about the performance of the same company last year? What percentage comes from the loss of domestic competitors (Hikvision, Dahua) overseas (mainly the United States) share? [emphasis added]

*** **** * ******* ******** **** it **** "******** ** ******** ******** market *********** *******". ****, ******* ******** asked *** ** ** ** "****** the ********** ** ******* ********* *** used ** ** ********* *** *****":

* ***** **** ** *** ** TVT ** ********* ** *** ****** States, ******* ** ** ****** *** initiative ** ******* ********* *** **** to ** ********* *** *****, *** expand ****-*******. ****** *****?

***, *****, **** * ******* ****** that "*** ** ******** *** ********* to **** ********".

Top ** **** ** *********

*** ******* ~***,*** ****** ** *** US ** ** **** (******* * few ******* ******** ******* ******** ~* pounds *** ******). *** *** ** 2021 ** *********, *** ******** ********* import *******, ****:

  • ***** - ***,*** ******
  • ***** - ***,*** ******
  • ***** - **,*** ******
  • ****** - **,*** ******

** ******* ** ** **** ****** records ** ***** ***** (*** **** = ******, ********** ************ = *****):

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Impact ********

***'* ******** ***** ****** **** **** a **** ******** ** ***** *** manufacturers **** *********, *****, *** ******* who **** **-**% ** ***** ***** domestically. *******, ***'* ***** *** **********, while******'* ** ***** ******.

***'* ***** *********** *** **** ******** overall, *********** ********* ***** **** ** went ****** ****** * ***** ***:

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***'* ***** ****** ** **** *** spiked ** ***** ** ***-**** (***** camera ****) *** *** ******* **** flat.

***'* ****** ************** ** ~$*** *******, more **** ** *** **** *******.

*** ******* ****** ***** ** ** better ********, ********** ***** *** ********** it's ****** ******** ****** **** ** North ******* *** *** **. ** TVT ******, *** ****-**** ****** ** the ******* ** ** *****.

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