Laoganma chili sauce brand earns 5B yuan in 2019
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E-mail chinadaily.com.cn, January 21, 2020
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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.
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