Beating analysts' estimates, Li & Fung raised its net profit...

2017-09-04T00:00:00

Beating analysts' estimates, Li & Fung raised its net profit to $91 million for the first half of 2017 from $86 million in the same period last year. Revenues fell by 9 percent to $7.2 billion, however. The Chinese sourcing giant had to leave the Hang Seng benchmark index last ...

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