UK’s Dyson profits up 41% on Asia sales
The Asia-Pacific region accounts for more than half of the company’s sales and profits
The Financial Times reports that UK appliance manufacturer Dyson at least tripled its revenue last year in each of China, Indonesia and the Philippines.
The growth spurred a 41% rise in profits in 2016, as the company continues its expansion drive, with recent investments of more than US$3 billion.
Founder Sir James Dyson says the company’s efforts to develop new technologies has paid off and is responsible for their recent gains.