SINGER Key Growth Drivers and Financials
Notes:
Key Growth Driver 3 - Extensive product portfolio
Margin growth through local manufacturing / Significant capacity increases planned
SINGER
Refrigerators
(Sonlu³)
250,000 units capacity
INTERNATIONAL APPLIANCES LTD
Manufacturer of SINGER Appliances
SINGER
SINGER
SINGER
SINGER
SINGER
PGER
Televisions
(TCL³)
.
400,000 units capacity
Air conditioners
(Midea Galanz³)
60,000 units capacity
Furniture
Other products
Capacity up to 4% of
revenue
1. Current maximum capacity assuming a double shift
2. Of products sold during the 12 months ended 31 December 2017, 43% were manufactured or assembled in house to save duties and transport costs. This is likely to exceed 50% in 2018
3. Technical partners for factory and materials
If duty and transport
savings are available
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