Fengfan Obtains Net Profit of 172 Mln yuan in 2015

SHANGHAI, Feb. 23 (SMM) – Fengfan Co. reported 172 million yuan net profit in 2015, a rise of 19.34% year-on-year, according to the company’s earnings report.

In the same period, the company achieved 5.75 billion yuan in business revenues, a year-on-year increase of 0.04%. This was because the company strived to cut costs and improve efficiency when maintaining sales scale. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.