|
 |
|
A visitor looks at air-conditioners at the stand of Gree during a home appliances exhibition in Shanghai, March 22, 2013.[Photo/dfic.cn] |
Chinese home appliance maker Gree Electric Appliances Inc reported a 19.9 percent year-on-year increase in sales to more than $19.58 billion in 2013, company sources said.
Dong Mingzhu, president of Gree, attributed the robust performance to its core development model of relying on technology to improve the quality.
"The desire to improve the quality of our products is the major factor behind the increase," said Dong.
The company's net profit also increased sharply by 46.5 percent year-on-year to 10.81 billion yuan ($1.76 billion), the highest since its establishment in 1991, according to the company sources.
According to Dong, the company's sales will increase by at least 20 billion yuan ($3.26 billion) in 2014, thanks to a prominent market potential.
|
 Check out Chinese tycoons' offices |
 China's 8 most outstanding entrepreneurs |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
