HomaGroup Co., Ltd. (Homa Holding) announces financial results for its fiscal year 2020 ended 31 December.
the company posted total revenues of CNY 8.35 billion, up 12.89% year on year. Cooling business activities from its subsidiary company Homa Appliances accounted for 99.67% of the total.
In 2020 Homa Appliances has been experiencing a significant and unforeseen restart.
The appliances subsidiary recorded an impressive growth with annual shipping of 11.1 million units of cooling appliances and revenues of 8.33 billion CNY, a new historical peak.