Brand Sales Will Continue To Be The Main Driving Force For The Growth Of Flying Grams.

2010/8/27 9:08:00 58

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Recently,

Flying

International (01998.HK) published semi annual report, as of June 30, 2010, the international business turnover of 632 million yuan (RMB, the same below), compared with 2009 growth of 91.6%, gross margin of 171 million, an increase of 131.4% compared to 2009, the basic earnings per share of 0.092 yuan.

It is reported that brand sales will continue to be flying.

achievement

The main driving force for growth is about 67.3% of the total turnover.

In addition, export OEM business and soles are also contributing to the growth of turnover.

In the distribution network, as of June 30, 2010, there were 1511 stores in the company, an increase of 365 over December 31, 2009.

In addition to 1511 authorized retail outlets, the business of flying

Cooperative partner

Sell operates 93 authorized campus retail outlets in designated universities and tertiary institutions in China. The increase in retail stores has strengthened the popularity of the flying brand in its target customers.

To meet the growth of the demand for flying sports shoes, flying has increased two production lines during the reporting period. It has been put into operation in May 2010 to increase its production capacity to a total of 12 shoe production lines. It is expected to add a sports shoe production line by the end of this year, and plans to establish a new production facility for the flying brand brand sportswear, with an annual capacity of 5 million sportswear.