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China's Li Ning warns of substantial loss for 2012
Reuters – Mon, Dec 17, 2012
HONG KONG, Dec 17 (Reuters) - China's best-known local
sportswear group, Li Ning Co Ltd, said on Monday it
will record a substantial loss for the year ending Dec 2012
based on its preliminary review of its unaudited consolidated
accounts for the first 11 months of the year.
The company, backed by Singapore sovereign fund GIC
and U.S. private equity fund TPG Capital, announced a
series of senior management changes this year as it grappled
with a slowdown in the world's second-largest economy.
>>>> any leeport in our news??
Reuters – Mon, Dec 17, 2012
HONG KONG, Dec 17 (Reuters) - China's best-known local
sportswear group, Li Ning Co Ltd, said on Monday it
will record a substantial loss for the year ending Dec 2012
based on its preliminary review of its unaudited consolidated
accounts for the first 11 months of the year.
The company, backed by Singapore sovereign fund GIC
and U.S. private equity fund TPG Capital, announced a
series of senior management changes this year as it grappled
with a slowdown in the world's second-largest economy.
>>>> any leeport in our news??