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UPDATE 1-Li & Fung H1 profit tumbles 70 pct but says worst is over

2013-08-13 11:58:16| Logistics - Topix.net

Global sourcing firm Li & Fung Ltd's first-half net profit tumbled nearly 70 percent to its lowest level in eight years on sluggish consumer sentiment in Europe and the United States, but it said it was on track to recover this year.

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