Lao Gan Ma, a major chili sauce maker in China, saw its sales revenue reach a record high of over 5.4 billion yuan (about 835.6 million U.S. dollars) in 2020, the company’s financial report showed
GUIYANG (APP – UrduPoint / Pakistan Point News – 23rd Feb, 2021 ) :Lao Gan Ma, a major chili sauce maker in China, saw its sales revenue reach a record high of over 5.4 billion Yuan (about 835.6 million U.S. Dollars) in 2020, the company‘s financial report showed.
The figure represented a 7-percent year-on-year increase, the report said.
Li Xin, deputy general manager of the company, said Lao Gan Ma has been committed to the production of chili sauces appealing to the different tastes of consumers. Customer satisfaction has pushed the brand from Guizhou to the national stage.