Yip's chemical turnover reached HK$8.28 billion for the first time
Recently, Yip's Chemical Group released its 2011 results: Its turnover reached HK$8.28 billion for the first time, an increase of 18% over the previous year. The Group endeavored to overcome the abnormal fluctuations in raw material prices and the impact of factors such as the integration of its product distribution network. Through further expansion of the Chinese market, it leveraged the advantages of high-quality products to achieve rapid growth in its sales of solvents, coatings and lubricants. , Profitability continues to increase.
Yip's Chemical Group specializes in the production and sale of chemical products. Its core business is solvents, coatings and lubricants. The Group is headquartered in Hong Kong and has 15 different types of production facilities throughout the country. The product distribution network covers major provinces and cities. The Group has set a 2015 target and will expand production capacity in accordance with market demand. It is expected that before 2013, annual sales will exceed HK$10 billion, and by 2015 it will reach HK$20 billion.
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