Lining Orders Increased By 20.3% Over The Same Period In 09 Years.
Lining (29.2, -0.50, -1.68%, economic and real time quotes) (02331) the third quarter of the 2010 quarter of, the dealer order of Lining products will be successfully concluded. The sum of orders increased 20.3% over the same period of 09 years. The average retail price of footwear products increased by 11.1%, the number of orders increased by 0.5%, the average retail price of clothing products increased by 7.6%, and the number of orders increased by 20.7%.
Zhong Yiqi, chief financial officer of Lining, said that the order growth rate in the third quarter was faster than that of the first two orders. This reflects that the overall sales atmosphere of dealers is gradually warming as China's domestic demand continues to grow. The mainland's overall sporting goods market is expected to have a more stable recovery in the second quarter.
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