HomaGroup Co., Ltd. (Homa Holding) announces financial results for its fiscal year2020 ended 31 December.
TheCompany posted total revenues of CNY 8.35 billion, up 12.89% year on year.Cooling business activities from its subsidiary company Homa Appliancesaccounted for 99.67% of the total.
In 2020Homa Appliances has been experiencing a significant and unforeseen restart.
Theappliances subsidiary recorded an impressive growth with annual shipping of11.1 million units of cooling appliances and revenues of 8.33 billion CNY, anew historical peak.