Hongguo Posts Record Numbers For 2004

Revenues climbed in 2004 by 33.5 percent to 294.5 million renminbi (€27.3m-$35.6m), and net earnings rose by 24.6 percent to CNY53.0 million (€4.9m-$6.4m). Retail sales went up by 24.9 percent to CNY237.2 million, and OEM manufacturing almost doubled to CNY57.3 million.

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