Chinese manufacturer Li Ning sums up 2015 fiscal year
01.04.2016 5281

Chinese manufacturer Li Ning sums up 2015 fiscal year

Li Ning, one of the largest Chinese manufacturers of shoes, clothing and sports equipment, summed up the financial results for the 2015 year. For the first time since 2011, Li Ning's revenues grew by 17% and amounted to 970,5 million euros. The net profit of the Chinese manufacturer reached 1,9 million euros. They managed to improve their financial situation by reducing costs for all Li Ning's business processes, as well as changing consumer preferences of the Chinese, who have become more active in sports.

Li Ning, one of the largest Chinese manufacturers of footwear, apparel and sports equipment, has summed up its financial performance for 2015 ...

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