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Exceed posts 21.8% revenue increase for 2011

02/05/2012

Chinese sportswear brand Exceed Company has released its financial results for 2011. For the full year ended December 31, 2011, revenue was $522.5 million, representing a 21.8% year-over-year increase. Gross profit was $157.7 million, representing a 17.9% year-over-year increase. Gross margin decreased from 31.2% for 2010 to 30.2% for 2011....

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