Chinese spirits maker ZJLD laments latest anti-corruption crackdown
The company’s revenue plunged nearly 50% last year, as it became cash flow negative and slipped into the red in the second half of the year Key Takeaways: ZJLD’s revenue…
FAST NEWS: Strong liquor sales add kick to ZJLD Group profit
The Latest: Traditional spirits producer ZJLD Group Inc. (6979.HK) announced Wednesday its non-GAAP adjusted net profit rose 26.9% to 1.02 billion yuan ($143 million) in the first half of this…
ATRenew steps on efficiency pedal in drive to sustainable profits
The recycling specialist reported a second consecutive quarter of profitability on an adjusted basis in the fourth quarter, and could turn profitable on that basis for the full year in…
ATRenew Grows Outside the Smartphone Box with Luxury Bags, Watches and Liquor
The recycler that spent its first decade in electronics is finding early strong results with its recent expansion into new consumer categoriesKey Takeaways:ATRenew’s sales from non-smartphone categories are showing initial…
Oriental Culture Builds Up Lively Business on Art, Wine and Tea Traders
Young company has carved out a comfortable niche in C2C e-commerce, fueling triple-digit growth in both revenue and profits last year Key Takeaways: Oriental Culture’s revenue doubled last year to…
