Li & Fung reports a 12.9 percent increase in net...

2009-08-28T00:00:00

Li & Fung reports a 12.9 percent increase in net profit to 1.4 billion Hong Kong dollars (€126.6m-$180.6m) for the first half of 2009. However, the big trading and sourcing company’s total revenues fell by 2.3 percent to HK46.3 billion (€4,186.1m-$5,973.5m). Besides a general drop in prices, one of the ...

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