TCL, one of the largest consumer electronic companies in China, made a profit of 2.11 billion yuan in 2013, up by 164.93 percent year-on-year.
However, if the government subsidy worth 2.20 billion yuan is deducted, it's hard to say that the company is profitable.
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| A display stand of TCL Group on March 24,2012, Nanjing, East China's Jiangsu province.[Photo/dfic.cn] |
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