Pou Sheng International, the big Chinese sports retailer, told investors that it should achieve a net profit for the first half of the year, as compared with a net loss of about $2.59 million for the same six months last year. The company returned to profit in the third quarter of last year, enabling it to end 2014 with a profit of $6.49 million. It reported another profit of $10 million for the first quarter this year and had to issue a positive profit alert for the first half, based on a preliminary review of unaudited results. The profit was attributed to an improvement in operational process and retail efficiency, as well as fewer sales promotions. The actual results are to be published in August.

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