China Dongxiang Plans Expansion

Revenues for the first half of the year grew by 15 percent to 2.15 billion renminbi (€248.4m-$315.9m) at the Chinese sports apparel company, and net income rose by 9 percent to RMB 786.0 million (€90.8m-$115.5m). The gross margin ticked up by 0.4 percentage points to 62.6 percent. At the end ...

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