KTP up 10pc in six months

FOOTWEAR manufacturer KTP Holdings has announced a 10 per cent increase in profit attributable to shareholders for the six months ended September 30.

Profit totalled $106.59 million, compared with $96.88 million in the previous half.

Fully diluted earnings per share were 9.7 cents.

No comparative figure was given because the company was listed on December 22 last year.

An interim dividend of two cents a share will be paid by February 15 next year.

The company saw turnover leap to $836.67 million from $668.23 million in the same period last year.