In FY15, the company’s revenue was up by 9.4% to RMB3.11 bn, while NP rose by 22.3% to RMB392 mn, 2% above consensus and our forecast.
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In FY15, the company’s revenue was up by 14.1% to RMB4.46 bn, while NP rose by 30.2% to RMB518 mn, 4%/5% above consensus/our forecast.
A stronger USD and slower than expected growth in China have weighed on copper, causing copper prices to drop by c. 25% in 2015.
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After years of continuous adjustments and realignment, we expect the sportswear industry to continue to advance in a healthy and stable manner in 2016 and beyond...
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Address:
5th Floor, Capital Centre
151 Gloucester Road
Wan Chai, Hong Kong
151 Gloucester Road
Wan Chai, Hong Kong
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(852) 3476 2700
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(852) 2511 8546
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