Chinese sports and footwear brand Li Ning has posted a significant rise in turnover for the six months ended 30 June. Turnover of the group surged by 24.2% to approximately RMB1.371 billion ($172.385 million). The growth in turnover has been attributed to the rapid expansion of the company’s sales network, development of new products, enhancement in the supply chain management, distinguished brand positioning and improvement in sales efforts.  Profit attributable to equity holders reached RMB129.939 billion representing an increase of 65.9% over that of the same period last year. 

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