Hong Kong listed fashion producer Ports Design Limited said Wednesday its turnover for the first half year reached 383.2 million RMB (about 47.25 million US dollars), up 31.4 percent comparing with the same period last year.

Alfred Chan, CEO of Ports, said the gross profit of the company jumped 34.3 percent to 249 million RMB (about 30.7 million US dollars) in the first six months and the net profit surged 53.1 percent to 66.6 million RMB (about 8.21 million US dollars).

"The retail market remains strong and we are poised to capture the growth momentum of the retail market," Chan said.

The fashion company currently focuses most of its business activities in the Chinese mainland market with approximately 300 retail outlets, which remains the growth engine for the company.

Besides, its exports to the market in Europe and the north America also recorded a strong growth.

However, Chan admitted that fashion exports was under pressure since China's negotiations on textile with Europe and the United States could not produce positive results very soon.

Source: Xinhua