Beijing-based department store chain Parkson Retail Group has published its financial report for the first half of 2009. According to the report, Parkson made total revenues of CNY6.104 billion in the first six months of 2009, a year-on-year increase of 17%; its operating profit was CNY678 million, a year-on-year increase of 14.1%; and its net profit [...]

Chinese sports products giant Li Ning has published its financial report for 2008, which states that due to the 2008 Beijing Olympic Games, the company made total revenues of CNY6.69 billion in 2008, a year-on-year increase of 53.8%. The company said its earnings before interest, taxes, depreciation and amortization increased by 57% to CNY1.07 billion. Of [...]