Li & Fung Announces 2019 Annual Results
Core Operating Profit declined by 23% and net profit to shareholders returned to positive Temasek’s US$300 million investment in LF Logistics and bond refinancing further strengthened balance sheet and capital structure US$932 million cash balance and over US$1.5 billion banking facilities provide adequate financial flexibility New management team improved NPS score and generated record market … Continue reading Li & Fung Announces 2019 Annual Results
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