Hermes Fashion Brand Asia'S Soaring Demand Exceeds Expected Revenue.
< p > the Paris company said in a statement that its operating profit rose 26% to 1 billion 120 million euros.
According to 15 analysts forecast by Bloomberg, its average profit is about 1 billion 90 million euros.
The luxury goods manufacturer's operating margin increased by 32.1%.
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< center > < img alt= "" width= "400" height= "316" src= "http://img2.china-ef.com/news/2013/201304221123505.jpg" / > < /center >
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< p > Hermes said that in the fourth quarter, the surge in sales resulted in a 16% gain in the whole year, and the profit margin forecast last month will be slightly higher than 31.2% in the same period in 2011.
According to data from Paris Bank of France, the company has imposed more control over sales by restricting its strong demand for handbags.
< /p >
"P", "Hermes will continue to adhere to the long-term strategy based on innovation, maintain its technological control, expand its distribution network, strengthen its production capacity and protect its supply sources."
The company said in a statement.
< /p >
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