News: Li Ning Co Ltd (2331.HK)

2331.HK on Hong Kong Stock

3.49HKD
5 Feb 2016
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Tue, Jan 5 2016

China's Li Ning expects to report break-even in 2015, stock jumps

HONG KONG, Jan 6 Chinese sportswear maker Li Ning Co Ltd said on Wednesday it expected to report it broke even in 2015, sending its stock sharply higher as its long-range efforts to reverse out of years of losses begin to pay off.

UPDATE 1-China's Li Ning narrows loss in H1, promises profit by year-end

* Q2 same-store sales growth in retail in high-teens (Add management comment, details)

China's Li Ning narrows loss, promises profit by year-end

HONG KONG, Aug 13 Chinese sportswear maker Li Ning Co Ltd on Thursday posted a narrower first-half loss as it resumed store expansion into lower-tier cities after years of restructuring, and said it aims to return to profit by the end of 2015.

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