Vip­shop posts Q2 net rev­enue of $829.4 mil­lion

China Daily (Canada) - - BUSINESS -

On­line dis­count re­tailer Vip­shop Hold­ings Ltd posted a 136.1 per­cent year-onyear growth in net rev­enue to $829.4 mil­lion dur­ing the sec­ond quar­ter of this year. The US-listed com­pany, which sells brand-name prod­ucts in China, an­nounced its unau­dited re­sults for the quar­ter end­ing June 30, on Thurs­day. Net in­come at­trib­ut­able to Vip­shop’s share­hold­ers in­creased by 192.1 per­cent to $26.4 mil­lion from $9 mil­lion in same pe­riod of 2013. The net in­come mar­gin in­creased to 3.2 per­cent from 2.6 per­cent year-on-year.

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