A survey department released a report on domestic sports brands showed that net profit for most of sports brands have gone up over 20% in the first half, except China Dongxiang (Group) Co., Ltd.
On the second quarter Lining Co reported the SSS growth of 0.4% in sale revenue, 11.8% increased in received orders for the first quarter of 2011, but the performances are not as good as Anta Group and Xtep International.
Sale revenue for Lining Co increased 11% for the first half, and net profit climbed 23% compared with earlier year, performance in the third and fourth quarter is expected much better than the first half because orders received for second half increased 20%.
