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Li & Fung arm in the black
2014-11-20 03:33:42| Logistics - Topix.net
Company chairman Willing Fung said in a statement that the results were in line with "previous announcement that seasonality skews significantly towards the second half of the year". Photo: Paul Yeung Global Brands Group, the consumer brands business spun off from Li & Fung in July, turned the corner in the third quarter to post a profit of US$113 million, following a half-yearly loss in the first half.
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Category:Transportation and Logistics