Peak Sport Products was one of the Chinese companies that suffered the most spectacular declines in income last year. Its sales were down by 37.5 percent to 2,902.9 million yuan renminbi (€357.7m-$466.5m) and its net profit altogether collapsed, down by 60.1 percent to RMB310.6 million (€30.2m-$49.8m), as Peak adjusted its ...
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