Swing Media Technology Group Limited reported unaudited earnings results for the full year ended March 31, 2014. For the year, the company reported sales of HKD 1,093.465 million compared to HKD 996.242 million for the same period a year ago. Profit from operations was HKD 84.652 million compared to HKD 77.5 million for the same period a year ago.

Profit before tax was HKD 73.307 million compared to HKD 66.950 million for the same period a year ago. Profit was HKD 83.133 million compared to HKD 57.950 million for the same period a year ago. Net cash generated from operating activities was HKD 81.072 million compared to HKD 127.068 million for the same period a year ago.

Purchase of property, plant and equipment was of HKD 99.736 million compared to HKD 181.472 million for the same period a year ago. The growth in Group sales was due mainly to DVD-R and Trading operations. DVD-R sales rose 4.5% to HKD 660.1 million while Trading sales jumped 40.4% to HKD 246.7 million, reflected more demand in the industry of the plastic resin and chemical dye for production of optical disc.