2015-01-24
China's Lining Expects Losses Of CNY800 Million In 2014
Chinese sportswear company Lining announced that the company will continue to suffer losses in 2014 and its losses may be up to CNY820 million. So far, the company has reported losses over three consecutive years. Lining said the losses were mainly attributed to the initial investments for its reform plan launched in July 2012 and […]