Yue Yuen's retail subsidiary runs into a loss

2012-06-01T00:00:00

Inflated rental and staff costs precipitated a loss at Pou Sheng, one of the two leading sports retailers in China, for the first six months of its financial year, until the end of March. The company's turnover increased by 9.7 percent to $846.1 million, including acquisitions that lifted the number ...

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