TVT Revenue Declines, "Severely Affected" By Lockdowns
*** ** ******* ******* *********, *** manufacturer ******** *** *** *** ******** drop ****** *% *** *** ***** half ** *** ****, ******* ****** minimal ******** ** *** *** ****** harmed ** ***** *********.
*** ****** **** ********* ************ "******** affected" *** ** ***********, **** ***** plummeting ****** **%. **** **** ********* TVT ** ********** ** **** ******** compared ** **** ****** ******, *** have ***** ******** ******* ********* ** home.
** **** ******, **** ******** ***'* latest **********, **** **** **** *** the ******* *** *********' ********* ***** TVT ****** ***** **** ***** *** Hikvision ** *** **.
TVT **********
*** ** * ********, ***** ***** surveillance **************** ~$*** ******* ** **** ************ ************* ** ******. *** ******************** ******* ***** ****** ******** **** ******* ******** ************ ***** ****** ***********.
Revenue ***** *** ** ** $***
** ********** *******, ******** ** ****** ****, *** announced *** ***** ******** **** *.**% to $** ******* ****-**-****:
***'* ******* ****** *** *** **** any ******** ****** *** *** ******* drop.
*** ******* *** ** **% *** profit ******** ** $*.** *******, ********** in ** ********************* *** "**** ******" *** **** was ***-*** ******** **** ************.
Export-Focused *** ** *** ******
*** ************ ******** ** ***'* ***** are ******, *.*. $** ******* *** of $** ******* ** **%:
*** ******** **** ****** ********** *** ******** *** "****** *** overseas *******, ********** ********* ********* ** Europe *** *** ****** ******."
Larger *** ****** **** ********
***'* *********** ****** ** ******** ** its ***** ******, *** *** ******** revenue ***** *** ** ***** *** substantial ******** ******* ********* *** **:
- ********* ************ ***** **.**% ** $*.** *******
- ***** ************ ***** **.**% ** $****
- *******'* ****** *********, ***** ********* **** 70% ** ******* **** *******, ************ ***** **** *%
- ********* ************ *.*%
********* *** *****'* ************* ***** *** 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 ** ***** ***** (*** **** = ******, ********** ************ = *****):
Impact ********
***'* ******** ***** ****** **** **** a **** ******** ** ***** *** manufacturers **** *********, *****, *** ******* who **** **-**% ** ***** ***** domestically. *******, ***'* ***** *** **********, while******'* ** ***** ******.
***'* ***** *********** *** **** ******** overall, *********** ********* ***** **** ** went ****** ****** * ***** ***:
***'* ***** ****** ** **** *** spiked ** ***** ** ***-**** (***** camera ****) *** *** ******* **** flat.
***'* ****** ************** ** ~$*** *******, more **** ** *** **** *******.
*** ******* ****** ***** ** ** better ********, ********** ***** *** ********** it's ****** ******** ****** **** ** North ******* *** *** **. ** TVT ******, *** ****-**** ****** ** the ******* ** ** *****.