Prada Net Profit In The Three Quarter Was US $134 Million &Nbsp, Up 75% Over The Same Period Last Year.

Italy luxury group listed in Hongkong Prada (Prada) announced its three quarter results last night. Data show that, thanks to the Asia Pacific region's sales growth is particularly prominent, the 2011 quarter net profit increased by 75% in the third quarter. Prada announced on Tuesday night that the net profit in the third quarter ended October was 93 million 630 thousand euros ($134 million), which was significantly larger than that of 53 million 450 thousand euros in the same period last year. increase 75%; the first three quarters. Net profit It was 273 million 170 thousand euros (US $392 million), an increase of 75% compared with 156 million 500 thousand euros in the same period last year.

The European debt crisis has not yet come to an end, and the market is worried that Prada, the main market in Europe and the United States, may be affected. Prada said the group is still confident of the potential of the luxury market, especially in fast-growing countries.

"However, in view of the uncertainties facing the global market, management will continue to monitor local and global trends and continue to take immediate measures." Carlo Mazzi, vice president of Prada, said in the announcement.

The Asia Pacific market is a bright spot for Prada, with net sales increased by 38.7% in the first three quarters. The net sales in Europe increased by 22.7% annually.

Sales in the first three quarters were 1 billion 730 million euros, accounting for 34% in the Asia Pacific region, followed by the European region, accounting for 21.8%, Italy accounted for 18.6% and North America accounted for 15.1%.