China's major furniture makers see profits rise in 2022
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E-mail Xinhua, February 5, 2023
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Total profits of China's major furniture manufacturers expanded 7.9 percent in 2022, official data showed.
These companies raked in 47.12 billion yuan (about 7 billion U.S. dollars) in profits last year, according to the National Bureau of Statistics.
Their combined operating revenue declined 8.1 percent from a year ago to 762.41 billion yuan, the data revealed.
Major furniture manufacturers are companies with an annual operating revenue of at least 20 million yuan.
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