Creative Company profile
About Creative Technology Ltd.
Creative Technology Ltd. is a Singapore-based company, which is engaged in the designing, manufacturing and distribution of digitized sound and video boards, computers and related multimedia and personal digital entertainment products. The Company offers various products, including super X-FI, sound blaster, speakers, headphones, work solutions and others. Its super X-FI products include Creative SXFI AIR GAMER, Creative SXFI GAMER, SXFI Support, SXFI Technology and SXFI Awards. Its sound blaster products include Sound Blaster Buying Guide, Internal Sound Cards, External USB DAC and Amp, Gaming DAC and Amp, and Gaming Headsets. Its speakers include Computer Speakers, Soundbar Speakers, Bluetooth Speakers, Portable Speakers and Accessories. Its headphone products include Wireless Headphones, Over-ear Headphones, In-ear Headphones, Gaming Headsets and Accessories. Its work solutions include Webcams, USB Dongles, Communications, High-res DACs and Speakers.
Financial summary
BRIEF: For the six months ended 31 December 2021, Creative Technology Ltd. revenues decreased 28% to $34.2M. Net income increased from $45K to $1.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Other gains increase from $2.8M to $9.7M (income), Selling, general and administrative decrease of 6% to $11.9M (expense).
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