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 ...

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