Exceed’s sales and profit decline

2012-11-29T00:00:00

Exceed's revenues decreased by 48.1 percent to 553.3 million yuan renmimbi (€68.7m-$88.9m) in the third quarter ended Sept. 30 compared with the same period last year. The gross margin dropped by 2.0 percentage points to 27.5 percent. The net profit for the quarter was off by 79.0 percent to RMB ...

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