The company saw its revenue increase 16.4 percent to 3.44 billion yuan in the first six months of this year, with revenue from its branded down apparel business segment surging by 19.5 percent to 1.77 billion yuan year-on-year.
The company is also going to launch a research and development center in Shanghai with a local partner this month. It will also develop 36 new products covering seven dairy sectors from August this year. Fonterra's fifth application center is expected to come up next year in Wuhan to better serve customers and clients in Central and East China.
The company will replace the defective knee airbags free of charge for affected vehicles.
The company's products are available on Chinese e-commerce sites JD and Tmall, a marketplace owned by Alibaba, according to the Journal. Those sites will verify that purchasers are 18 or older, Juul said. Its products aren't yet available in physical stores in China.
The company's interim results showed revenue from the online advertising business rose 27.2 percent to 362.3 million yuan. In June 2019, Meitu app's users spent over 12 minutes per day on average, from approximately 5 to 6 minutes per day prior to the transformation.
The company now has developed classes from Level 1 to Level 5, with more classes already in the pipeline.
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The company said almost all production capacity in China has resumed normal production and supply to the market.
The company, also known as Sinopec, has replaced coal with geothermal energy in 10 cities nationwide so far, including Daming in Hebei province and Qingfeng in Henan province, said Ma Yongsheng, president of Sinopec Corp, during the 2018 China Geothermal Energy International Forum in Shanghai on Tuesday.
The company says PillPack will remain “a distinct service for customers managing multiple daily medications for chronic conditions,” with the ability to receive prescriptions presorted into packaging for individual doses.
The company's net income rose to .71 billion, or .07 per share, in the quarter, from .01 billion, or .67 per share, a year earlier. That beat the average estimate of .87 per share.