Net Profit Decline-LEDinside

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2015-10-30

Price Wars Push Down MLS’s 3Q15 Net Profit by 80%

MLS announced its revenue for 3Q15 was down 8.62% year on year (YoY) to RMB 887 million (US $139.7 million). The company’s net income attributable to shareholders was plunged 79.32% YoY to RMB 17.19 million (US $2.7 million).

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