Man Wah Holding Ltd sees sales revenue growth by 22.8%, to 5.99 billion HKD in 2013, with the income jumped by 29.8% from Europe and 26.2% from China market, as declared in the company’s annual report.
As per Euromonitor’s research on furniture market, the market share of Man Wah in China mainland and the US is steadily increasing, reaches 26.9% and 9.9% respectively. Cheers is now the No 1 motion sofa brand in China and one of the top 3 in the US market.
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