Li Ning recovers from last year’s losses

The Li Ning group saw revenues for the six months ended June 30 gain 13.0 percent on the corresponding period last year, reaching 3,596 million yuan renmimbi (€481.0m-$542.2m). It reported a first half profit of RMB113.4 million (€151.7m-$17.1m), significantly better than the RMB29.4 million losses of a year earlier.

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