BEIJING, April 26, 2017 /PRNewswire/ -- On April 21, Oriental Yuhong (DFYH), the largest waterproof system service provider in Asia, released its annual report of 2016. According to the report, Oriental Yuhong's worldwide revenue in 2016 increased 31.98% to $1 billion and net profit increased to 40.97% to $147.6 million when compared to 2015. Based on the current survey data, Oriental Yuhong was supreme and unchallenged in Asia in terms of waterproof construction.
Sales and income of Oriental Yuhong continued to maintain a strong momentum, benefiting from the steady development in China's infrastructure and the recovery of property investments. Oriental Yuhong witnessed substantial growth in material sales and construction services within the reporting period, closely relevant to the expansion of corporate business. Seizing market opportunities, the Company has established a total of 17 production bases in China with a comprehensive coverage. Considerable achievements have been made in the expansion of global business, with projects extended to America, Europe, Africa, Asia and Antarctica. In respect of diversified development, Oriental Yuhong made development plan for the products of mortar, sealing material, insulation material, Diatom mud and architectural coatings with a wide market and a high consumer attribute.
As the leader in waterproof industry in China and even in Asia as a whole, Oriental Yuhong is expected to further raise its market share by taking advantage of cost, management and high quality service.
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