CHINA HONGXING REGISTERS NET PROFIT SURGE OF 136.7% IN 3QFY2007 TO RMB90.9 MILLI
Turnover rose 59.2% to RMB478.5 million as a result of higher product sales
across the board underpinned by successful advertising and promotion efforts.
Gross profit margin improved from 38.6% in 3Q FY2006 to 43.8% in 3Q FY2007
on the back of higher selling prices, changes in product mix and greater economies of scale.
Net profit climbed 136.7% to RMB90.9 million lifted by higher turnover.