Markor’s net profit grows 730% in 2013

Markor reveals 2013 annual report on April 17. The report shows the company’s revenue in 2013 is 2.68 billion yuan, increased 1.68%.

 

Markor reveals 2013 annual report on April 17. The report shows the company’s revenue in 2013 is 2.68 billion yuan, increased 1.68%. The net profit belongs to the listed company is 0.17 billion yuan, increased 730%. The company plans to pay cash dividends 1.5 yuan every 10 shares, 97.02 million yuan in total.


Furniture retail is the biggest source of profit which is 1.569 billion yuan, occupies 58.66% of the total revenue.


The furniture manufacturing automation system in Markor’s Tianjin factory has stepped into the operating stage and will be a solid basis for the future MC manufacturing. Markor says in 2014 it will focus on the design and innovation, apply multi-brands strategy and use IT to enrich the customers’ experience in the stores.

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