EnglishK Tech - Ultra PRO posted a turnover of 41.9 million USD in the first half of the year, recording a 34% increase from the same period last year, according to a company press release. The positive results are mainly due to the company"s consolidation policy and expansion strategy.
For the current year, K Tech - Ultra PRO estimates a 20% increase in turnover, as the group expects an increase of 10%-15% in the IT market. The group plans to expand its retail network by four new stores, the investment amounting to 550,000 USD, according to company representatives.
In the first quarter of 2007, K Tech - Ultra PRO Group held a 12.1% share in the PC desktop market, according to IDC. In the first half of the year, the group maintained its growth rate and reached an 11.1% market share. K Tech - Ultra PRO Group expects a significant increase in market share by the end of the year, partly due to the company"s participation in the Euro 200 programme.
The company ended 2006 with a turnover of 84.2 million USD and a net profit of approximately 1.5 million USD.
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