A partnership between giants
has been exported to various countries including the United States.
Jahwa’s consolidated sales revenues hit 5.335 billion yuan in 2014, up 19.38 percent year-on-year, according to the company’s annual financial report. Investment in research and development accounted for over 3 percent of the company’s annual revenue.
One of the targets of the country’s oldest manufacturer of cosmetics and personal care products, with a history dating back to 1898, is to earn revenue of 12 billion yuan by the end of 2018, said Jahwa chairman Xie Wenjian.
In an interview with local media earlier this year, the chairman said that launching new products will play a major role in helping achieve this goal.