The company's third-quarter results showed its Asia business delivered 12-percent revenue growth year-on-year, on top of 10 percent a year ago. Operating income increased 25 percent, with wholesale, franchisee and e-commerce each posting double-digit growth year-on-year. Most markets in the region grew. In China, Levi's sees the women's category growing faster than men's. It is excited by the opportunity to grow this under-penetrated category.
The company said it will continuously push forward the construction of the Kunliulong direct current transmission line project, aiming to provide some five million kilowatts of hydropower from Yunnan province to the Guangdong-Hong Kong-Macao Greater Bay Area after it is completed in 2021, which is expected to reduce coal consumption in the region by 6 million metric tons and carbon dioxide emissions by 16 million tons, it said.
The company touted the record with a number of numbers:
The company is now shunting for new sources of income and has identified online lending-a highly competitive and increasingly regulated arena. Sina said it can make use of data covering hundreds of millions of users that read its news, exchange messages on Weibo and access its websites.
The company's 5G-ready Ultra-Wide Band (UWB) Radio Family won the award for Best Mobile Infrastructure; the 5G-ready Cloud AIR Solution Sprint was a joint winner of the Best Technology Breakthrough award and was also the CTO's choice for Outstanding Mobile Technology. The company's 5G Core Solution was considered the best network software breakthrough.
The company was fined 245 million yuan.
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The company's faux beef patties will enter Chinese stores unrivaled, though if the past weeks are of any indication, that might not last long.
The company set aside a big training room and fitted it out with some teaching instruments, toys, and children's play equipment.
The company said the trial's Data Safety Monitoring Board (DSMB), an independent group of medical experts who monitor clinical trials, recommended the pause.
The company intends to use the net proceeds of this offering primarily for expansion of its businesses, development and introduction of new mining machines, corporate branding and marketing activities and general corporate purposes.