Buoyed by the robust economic growth and the surging consumption spending in the PRC, Li Ning Company Limited, one of the leading sports brand enterprises in China, announced outstanding results for the six months ended 30 June 2007 with the Group's revenue grew by 39.2 percent to RMB 1,909,431,000.
Sales of LI-NING branded products, which accounted for 98.2 percent of the total revenue, surged by 37.5 percent year-on-year to RMB 1,875,170,000.
Profit attributable to equity holders rose by 52.6 percent to RMB 198,273,000. The Board of Directors recommended the payment of an interim dividend of RMB 5.76 cents per ordinary share (2006: RMB 3.80 cents).
Sales of LI-NING branded products, which accounted for 98.2 percent of the total revenue, surged by 37.5 percent year-on-year to RMB 1,875,170,000.
Profit attributable to equity holders rose by 52.6 percent to RMB 198,273,000. The Board of Directors recommended the payment of an interim dividend of RMB 5.76 cents per ordinary share (2006: RMB 3.80 cents).
