Chinese Bike Sharing Company Youon Profit Surge

http://daviddawei.com/chinese-bike-sharing-company-youon-profit-surge/

Changzhou Youon Public Bicycle System Co generated revenue of 751 million yuan (113 million U.S. dollars) in the first three quarters, up 44.11 percent year on year.
The company reported a net profit rise of 9.38 percent, to 79.27 million yuan from January to September, according to a quarterly report filed with the Shanghai Stock Exchange.