Olympics Boosted Li Ning's Results

Li Ning Company’s revenues jumped by 53.8 percent to 6,690.1 million renminbi (€722.9m-$981.4m), and other results followed a similar pattern. Gross profit grew by 54.6 percent to RMB 3,220.4 million (€348.0m-$472.4m), while operating profit surged by 57.4 percent to RMB 960.2 million (€103.8m-$140.9m). The Chinese company’s earnings before depreciation and ...

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