Financial reporting

361 Degrees reports flat FY22 operating income

By 2023-03-16T06:12:00

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361 Degrees, which is continuing to upgrade its omnichannel retail experience in China, realized an 0.8 percent drop in FY22 operating income to 1,074 million yuan renminbi (€144.9m) against RMB 1,083 million for the 12 months ended Dec. 31. The operating profit margin fell to 15.4 percent from 18.3 percent. ...

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