China Dongxiang's sales drop by 35% but profit rises by 74%

2013-03-28T00:00:00

China Dongxiang performed even worse than Li Ning Company in terms of revenues. It recorded a 35.4 percent decline in group sales to 1,772 million yuan renminbi (€222m-$285m) for the year ended last Dec. 31. Sales in Japan were down by only about 4 percent in yen. Instead, sales in China ...

You’ve read your 2 free articles this month

Register  a free account or login  to unlock 3 more articles each week

SIGN-IN if you are already a subscriber of SGI Europe.

Gated access promo

Register today and unlock 3 more articles each week

See what industry leaders read every day:

  • Curated industry intelligence  you won’t find anywhere else—selected from 500+ sources
  • Exclusive interviews, case studies, and consumer insights  on emerging markets and trends
  • Expert analysis  on corporate moves, financials, retail trends, regulation, and innovation
  • The Daily Digest —essential sporting goods news delivered every morning

Register for free

Already a subscriber? Sign in

Ready for unlimited coverage?

Upgrade to Professional or Premium for unlimited access to exclusive reports,
C-suite interviews, market analysis, and industry-wide research—with team licensing included.

Compare subscription plans

Already registered? Sign in here