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Asia's Boost to H1 Profit

Asia's Boost to H1 Profit

Write: Costard [2011-09-21]

Asia's Boost to H1 Profit

Signs outside the Prada store in the Galleria Vittorio Emanuele II shopping mall in Milan, Italy. Prada SpA, the Italian luxury goods maker that sealed Hong Kong's biggest initial public offering this year, said first-half profit rose 74 percent from a year earlier as sales in Asia jumped. Net income totaled 179.5 million euros (US$245.2 million) in the six months through July, from 103 million euros a year ago, the Milanbased company said in a Hong Kong stock exchange filing Monday.[Photo: Shanghai Daily]