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Thursday, December 15, 2011

Radii Shoes brand-half net profit surge 196%

Listed in Hong Kong famous brand Radii Shoes released in mid-fiscal 2011 (ended September 30) results announcements, announcement display, LV2011 In the first half of fiscal year revenue of 2.739 billion yuan, up 47.4%, net profit surge 196 % to 3.27 billion more than Goldman Sachs expected. By this stimulus, LV shares this morning rose above 6% to $ 2.26.

Announcements,
Radii 420 Top business first-half revenue 1.775 billion yuan, 64.8% of total revenue, for the Group's main business is still an increase of 46.8%. OEM management revenues 631 million, an increase of 21.8%. Non-down income 332 million, 12.2% of total revenue, up 154.3% surge. Down to see a separate income, sales still down jacket Bosideng brand for the company's most popular brands, earnings up 54.1%. And maintained a 53.9% growth.

Other aspects,
Radii Straight Jacket Group stores the total number has reached 10,970, down jacket stores 8434, 2536 non-down store. Which stores the total 5834 North Area, accounting for more than 50% of the total.

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