Sunday, 23 March 2014

China's Li Ning 2013 net loss narrows to 392 mln yuan, lags forecast

HONG KONG, March 24 (Reuters) - Li Ning Co Ltd, China's best known sportswear company, posted its second straight year of losses in 2013, but the loss was narrower than the previous year, thanks to fewer retail discounts, better turnover of new products and faster inventory replenishment.



















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