FORTEI Holdings has reported a net profits leap of 226 per cent to $23.2 million in its first interim results announcement since listing in July.
Earnings per share at the sports shoe and leisure wear supplier rose 225 per cent, from 2.38 cents to 7.75 cents.
The average number of shares in issue over the period was 300 million.
The group said it would pay an interim dividend of one cent, in line with its forecast in its listing prospectus.
Chairman Kong Yun-kan said: ''The group has experienced a strong growth in its results for the six months ended June 30.'' Demand over the summer period had remained buoyant, he said.
''The sales of the summer series of sports shoes are encouraging and, barring unforeseen circumstances in the second half of the year, the directors are confident that 1993 will be another record year for the group in terms of turnover and profitability achieved,'' he said.