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TPV Technology Result 27/11/2014

TPV Technology Ltd. posted a net profit of $34.9 million on turnover of $3 billion in the third quarter of the year. For the first nine months of 2014, TPV recorded a net loss of $9.4 million on turnover of $8.4 billion. TP Vision contributed $523 million to turnover in Q3 and $1.5 billion for the nine month period, though shipments dropped 20% year on year because of severe competition and slow demand in key markets. TPV’s monitor business contributed $1.3 billion to turnover in Q3 and $3.8 billion in the first nine months.