YUKON Holdings, the garment trading company and property company, has announced $18.7 million attributable profit for the half year ending September 30. But the boost in profits, which compares to a loss of nearly $4 million for the same period last year, has been inflated by the sale of its French operation and associated companies. Before exceptional items, the company posted an operating loss of nearly $10 million, nearly double the loss for the same period in 1993. Tang Sung Ching, director, said the turnover dropped by nearly $13 million because of increased competition and falling demand in both the United States and France. The French sale enabled investment in more promising markets. In China, the company acquired a 15 per cent stake in two joint ventures manufacturing and selling clothing and fabrics. Meanwhile, Excellent Fortune has announced it will buy Wedlake Holdings' stake in Yukon Holdings for $182 million.