Absen Reports RMB 1B Turnover in 2014

Absen released a statement on December 4 reporting the company undergone sustainable growth in sales this year and had recorded RMB 1 Billion (US $165.53 million) turnover out of its cumulative sales orders as of Dec. 4, 2014.

The data is based on the total sum of  recorded sales contracts signed between the company and clients, it does not imply the company’s revenue, Absen said. There is a lot of uncertainty in sales, contracts might fail due to clients’ financial failure or the change of economic situation. The company will announce its final annual financial statements in detail in its 2014 annual report.
 

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