China: WANDA REVENUES CLIMB 10% FOLLOWING OVERSEAS ACQUISITION SPREE
Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of 2016, outperforming expectations of flat growth. The conglomerate controlled by billionaire Wang Jianlin saw its revenues rise thanks largely to a 57.1 percent increase in its entertainment business revenue compared to the same period last year, following a series 0f entertainment-related acquisitions. Read more on: www.mingtiandi.com
Source : China: WANDA REVENUES CLIMB 10% FOLLOWING OVERSEAS ACQUISITION SPREE