Li Ning recovers from last year’s losses

2016-08-19T00:00:00

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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