China Hongxing Sports, parent of the Erke brand, had a...

2008-05-30T00:00:00

China Hongxing Sports, parent of the Erke brand, had a huge jump in net profit for the first quarter ended March 31, climbing by 45 percent to 114.2 million yuan (€10.6m-$16.5m). Revenues were up by 44 percent to 648.6 million yuan (€60.1m-$93.6m) thanks to heavy advertising and an expansion of ...

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