News Column

Belle International Records Slight Net Growth

May 27, 2014

HONG KONG, May 27, SinoCast -- Belle International Holdings Limited (SEHK: 1880) revealed income of CNY 43.067 billion in the 14 months ended February, rising 10.1% from a year earlier. Net profit climbed 1% to CNY 5.159 billion, representing CNY 0.6117. The company will distribute dividend of CNY 0.2 per share.

Overall gross margin climbed from 56.4% to 57.1%, lifted up for footwear and sports wear. Footwear sales value inched up 5%, with same store sales moving up 0.6%. The figures for sports wear respectively hiked 19.1% and 6%.

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Source: Sinocast Consumer Products Beat (China)

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