Li-Ning reports rise in revenues and profits for - sportstextiles: Lea SportsTextiles

News

Li-Ning reports rise in revenues and profits for 2016

24/03/2017
Chinese sports brand Li-Ning has reported year-on-year increases in revenues and profits in its figures for 2016.

The company enjoyed a surge in popularity and growth after its founder, former Olympic champion gymnast Li Ning, featured prominently at the opening ceremony for the 2008 Beijing Olympics, but  went through more difficult times in the early part of this decade.

In 2016, it achieved revenues of more than $1.1 billion, an increase compared to the figure for 2015 of 13%.

Its reported profits for the year were just over $100 million compared to just $9 million in 2015.


Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.