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09 Jan
05:03

Liugang predicts declining profits for 2019

China's Liugang Group has held a group operation briefing meeting for 2018 and has reported a positive performance for the last year. According to Liugang Group chairman Pan Shiqing, the company reached CNY 88.8 billion ($12.9 billion) in operating revenue and posted CNY 10.3 billion in profit in 2018. The latest operating data show that Liugang's revenue and profit increased by 29.6% and 120% respec…
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