China: Retailers' contrasting fortunes

Date : 04 April 2013
Retailers Yonghui and CP Lotus report differing full year results, but both highlight the importance of greater centralisation in order to grow profits in 2013. Yonghui continues rapid growth Yonghui reports a strong performance, with total revenue growing 39.2% to CNY24.5 bn (US$3.9…
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