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The annual reports unveiled by public furniture companies in China
Source:JJGLE.COM     May 06,2016



The public furniture enterprises in China unveiled their yearly operation data in 2015 successively.

 

Turnover Ranking

Rank

Company Name

Turnover

(Billion Yuan)

Increase over the previous year(%)

Main business

1

Red Star Macalline Group

8.76

10.3

Home furnishing stores

2

Man Wah Holdings Limited

5.44

9.4

Sofa mattress

3

Yihua Timber Industry

4.59

3.73

Furniture,

wooden floor

4

Suofeiya Home Collection

3.2

35.35

Custom furniture

5

Markor International Home Furnishings

2.86

5.34

Furniture

6

Xilinmen Furniture

1.69

30.75

Furniture

7

QuMei Home Furnishings Group

1.26

14.78

Furniture

8

UE Furniture

1.14

18.33

Office chair

9

Guangzhou Holike Creative Home

1.08

20.08

Custom furniture

10

Royal Furniture Group

0.55

-28

Furniture

11

Nanxing Furniture Machinery and Equipment

0.46

14.57

Furniture machine

 

Net Profit Ranking

Rank

Company Name

Net profits

(Million Yuan)

1

Red Star Macalline Group

2553

2

Man Wah Holdings Limited

892

3

Yihua Timber Industry

616

4

Suofeiya Home Collection

459

5

Markor International Home Furnishings

301

6

Xilinmen Furniture

191

7

QuMei Home Furnishings Group

162

8

UE Furniture

117

9

Guangzhou Holike Creative Home

91

10

Royal Furniture Group

50

11

Nanxing Furniture Machinery and Equipment

-93

 

These companies above were running well in 2015 except the negative data from Royal Furniture Group and Nanxing Furniture Machinery & Equipment Company Limited.   

 

As per the customized furniture, both Suofeiya and Holike have a better performance than other furniture manufacturers. The customized furniture makes a notable achievement in operating scale, development speed and net profit and expects  a quite large developing space in the future.

 

Man Wah Holdings Limited listed in Hong Kong, China is mainly engaged in functional sofa, leisure sofa and mattress, the scale of which ranks a leading position among the listed furniture manufacturing enterprises. Most (appr. 70%) of its revenue comes from the oversea market, and the domestic market still has a relatively large development space.

 

In general, the public companies seek for development beyond boundaries, and they have the courage to bring forth new ideas and deny itself with the spirit of continuously making breakthroughs, which can also be verified through performance.

 

(Source: JJGLE.COM)

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