Gome saw a 15% increase year-on-year in sales revenue for first three quarters of 2016
Gome, a leading home appliances & electronics retailer in China, announced in Nov 2016 that, by Sep 30, 2016, its profit for first nine months is expected to shrink year-on-year, but profit for the third quarter is expected to significantly exceed profit for the second. For the first three quarters ...
Read More →Performance of China's home appliance industry for 2016
China’s home appliance industry saw a notably improved quality of its economic growth in 2016, with upgraded consumption preferences of consumers, a rebalanced industry structure and product mix, and enhanced product quality. While major appliance market was sluggish in the first half of 2016 with ...
Export analysis of China's refrigerator industry in 2016
The year 2016 has witnessed a disparity between domestic sales and exports in China’s refrigerator industry, with the former on a continuing downward trend, and the latter on a stable upward trend. Export volume climbed while unit price slid. Statistics from General Administration of Customs of P.R...
Review and outlook of China's built-in kitchen appliances for 2015-2016
In year 2016, China's home appliance industry comes under high pressure as domestic economy continues go downward. While white goods struggle to grow in general, built-in appliances secure a two-digit growth, making an industry highlight. As a result, home appliance enterprises start to turn bullish...
Performance of China's home appliance industry for H1, 2016
In 2015, China home appliance industry has witnessed a fall in major indicators, with revenue down by 0.4% year-on-year, export value down 2.7% year-on-year, and production and export value of large appliances down by 3% and 4% year-on-year respectively, as a result of factors such as the weak...
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