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Swing Media posts record earnings of HK$83.13m

Sales top HK$1b, boosted by industry consolidation and supply issues

Published Fri, May 30, 2014 · 10:00 PM

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Singapore

SWING Media Technology Group posted record earnings of HK$83.13 million (S$13.45 million) for the fiscal year ended March 31, 2014, up from HK$57.95 million a year ago.

The manufacturer and supplier in the data storage industry said yesterday that industry consolidation and less supply in the market helped its sales rise 9.8 per cent year on year to HK$1.09 billion.

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