Chigo Achieves Total Revenue of RMB 10.7 Billion in 2017

摘要

On March 29, Chigo Holding released its 2017 annual results, showing that as of December 31, 2017, Chigo achieved a total revenue of more than RMB 10.7 billion (US$ 1.7 billion), with year-on-year growth of 15.4% and a gross profit of more than RMB 1.7 billion (US$ 268 million), an 18.6% increase. Compared with 2016, Chigo increased its domestic sales and profit in air conditioning products satisfactorily. In China, Chigo achieved sales worth more than RMB 6.4 billion (US$ 1 billion), an increase of 19.6% compared with 2016.