Laoganma chili sauce brand earns 5b yuan in 2019
By Yang Jun in Guiyang |
chinadaily.com.cn |
Updated: 2020-01-20 20:37
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The sales revenue of Laoganma, a brand of chili sauce made in Southwest China's Guizhou province, hit a record of over 5.02 billion yuan ($732 million) last year, according to its producer.
The revenue saw a year-on-year growth of more than 14.43 percent.
The sauce is produced by Laoganma Special Flavour Food Company established in 1997 in Nanming district of Guiyang, capital city of Guizhou.
Wang Jin contributed to this story.
