Hubei Sanonda Co., Ltd. (Hubei Sanonda) released its 2014 annual report recently. Accordingly, the company’s 2014 revenue grew slightly by 1.7% year on year to USD509.0 million, which already reached its planned sales target for the year. Meanwhile, its net profit during the period increased by a large 53.3% year on year, to USD79.9 million.

Hubei Sanonda Co., Ltd. (Hubei Sanonda) issued a notice of 2014 annual results announcement on 8 Jan., 2015. The company forecasted its net profit in 2014 to be USD73.35 million to USD89.07 million, with a YoY increase of 40%-70%.