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  • Gome net up 34 percent on strong sales
    Date: 21-Nov-2007 Sources: (Shenzhen Daily)

    GOME Electrical Appliances Holding Ltd., China's top electronics retailer, posted a 34 percent rise in nine-month earnings thanks to rising margins and revenues enhanced by exclusive product offerings.

    The Beijing-based firm - which merged with rival Paradise Electronics in a US$680 million deal last year - posted a net profit of 753.2 million yuan (US$101.4 million) for the nine months ended September, up from 560.4 million yuan the same period last year.


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