Chinese cookware giant reports double digit growth in revenue, net profit

BEIJING - China's leading cookware company Supor saw a 12-percent growth year-on-year in revenue in the first quarter of the year, a corporate report has said.

From January to March, the revenue totaled 5.47 billion yuan ($814 million), while net profit attributable to shareholders stood at 515 million yuan, up 13.81 percent from the same period in 2018, according to the report.

The cookware manufacturer's total assets, however, fell to 9.89 billion yuan as of the end of March, down 7.03 percent from the end of last year.