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​Robam Appliances expects 20.78 percent rise for 2017 operating revenue

www.cfbond.com
2018-02-28 11:35

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Hangzhou Robam Appliances Co., Ltd. (002508) saw a 20.78 percent year-on-year increase in its operating revenue in 2017, as shown by its financial report released today on cninfo.com.cn.

This financial statement, which was audited only internally, shows a total operating revenue of RMB 6.9989 billion in 2017.

Profits attributable to its shareholders stand at RMB 1.45 billion, up by 20.18 percent year-on-year. Earnings per share is RMB 1.53, up by 20.47 percent year-on-year.

Against the rising costs of raw materials and adjustments in the real estate sector, this company has met its goals set for 2017.

As of the end of 2017, its range hood, gas stove, and sterilizer cabinet all took the largest share at the market, respectively accounting for 26.53 percent, 23.92 percent, and 23.72 percent of the total sales, up by 1.88 percentage points, 1.32 percentage points, and 3.06 percentage points .

Its built-in varieties of these products also registered rapid sales growth.

The detailed financial data for this company will be available in its final 2017 performance report.
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