Haier’s profit jumps
Source: Shanghai Daily |
January 25, 2016, Monday
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Print Edition
Print Edition
CHINA’S leading home appliance maker Haier said its profit jumped 20 percent year on year to 18 billion yuan (US$2.7 billion) in 2015, despite falling global sales. Haier’s global sales were 188.7 billion yuan last year, down 6 percent year on year, due to a global economic downturn and business adjustment of the company, said Zhou Yunjie, rotating president of Haier, at the company’s annual meeting on Saturday.
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