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The company's first quarter net profit margin stood at about 8 percent, slightly higher than the same period last year.

The company said in its earnings report filed to the Shenzhen Stock Exchange on Friday that it realized a net profit of 1.86 billion yuan (1 million) attributable to common shareholders in the first half of 2020, up 26.3 percent year-on-year.

The company says it’s spending 0 million on COVID-19 safety precautions, and an unprecedented billion on its larger COVID-19 initiatives this quarter alone. From the retraining and reassigning of workers to the protective equipment put in place, Amazon’s company-wide efforts are on full display in Kent.

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The company's sales on contracts reached 551.3 billion yuan (.5 billion) last year, according to a company statement.

The company plans to attract 1,000 university graduates and over 10 teams of experts to Changsha for the purpose in the next five years.

The company will also continue to invest in joint research to advance technological breakthroughs to reduce carbon emissions, including commercializing sustainable aviation fuels and improving air-traffic management efficiency, he added.

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The company will continue to import models into China because "it does not make any sense" to produce them locally considering its absolute volume and local customers' passion for the brand's German DNA, said Oliver Blume, chairman of Porsche's executive board, on Tuesday.

The company said the performance has been driven by improving trends in away-from-home channels, which make up about half of its revenue, along with sustained, elevated sales in at-home channels.

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The company said videos purchased or rented through Amazon Instant video more than doubled in the fourth quarter, compared to the same period a year ago, as did Amazon Instant video customers. Videos streamed by Prime subscribers rose nearly 300 percent compared to the third quarter, the company said.

The company’s “Send to Kindle” feature, available previously as a browser plugin, was rolled out this morning as a new feature for website publishers — letting them offer the feature ?as a button on their sites along with social services.