Hisense Europe makes loss in 2020, profit in last 14 months

Velenje – The Hisense Europe Group generated just under EUR 2 billion in sales in 2020, more than 97% of which came from home appliances. It ended the year with a loss of EUR 12.8 million, of which Gorenje’s loss was EUR 11.5 million. Nevertheless, the group has been generating profit in the last 14 months, Gorenje said in a release on Thursday. The Hisense Europe Group, which includes the Velenje-based maker of household appliances and TV sets Gorenje, generated EUR 1 billion in sales revenue in Western Europe last…

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