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China Taisan Tech posts 11.4% fall in 4Q net profit to $12.8m

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China Taisan Technology Group Holdings, the producer of multi-functional knitted performance fabrics, used in sports and casual apparel for renowned brands such as Nike, Adidas, Umbro, Li-Ning, Anta, Metersbonwe and Xtep, says it achieved an 11.4% fall in net profit attributable to shareholders of RMB62.1 million ($12.8 million) in 4Q09 from 4Q08.

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