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.
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