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SBD Global/August 14, 2017/Finance

Finance Notes: Li Ning Reports 66.8% Increase In First-Half Net Profit

Chinese sporting goods retailer Li Ning beat analysts' forecasts with a 66.8% " surge " in its first-half net profit by "shrinking its number of loss-making outlets." It "aims to close more than 200 stores by the end of the year." Net income rose to 189.2M yuan ($28.4M) in the first ...

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