Financial reporting

Li Ning eyes the foreign market after Q1 sales rise by 65%

2021-08-16T10:25:00

Li Ning

Li Ning Company saw revenues increase by 65 percent in the first half of 2021 to 10,197 million yuan renminbi (€1,335m-$1,574m) from the year earlier, when its results were heavily influenced by the Covid-19 pandemic. The Chinese sportswear company’s gross margin expanded by 6.4 percentage points to 53.9 percent and ...

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