Belle profits RMB5, 127 million

Belle International Holding Limited achieved a profit of RMB5,127 million (MOP6,638 million) in the last fourteen months. The company notched up a small increase in its profits, reaching RMB5,109 (MOP6,614 million) in 2012/13. According to a Belle report, the net profit of the company rose 1 percent from RMB5,110 million (MOP6,616 million) in the period from January 2012 to February 2013 to RMB5,160 million (MOP6,680 million) in the period from January 2013 to February 2014. The reason for the company presenting a fourteen-month report is due to the fact that it has changed its financial year-end date to February instead of December. China’s biggest footwear retailer by market value operates mainly in Mainland China, Hong Kong and Macau and had a revenue of RMB1,323 million (MOP1,721 million) in the regions of Hong Kong and Macau. The revenue was RMB1,217 million (MOP1,575 million) in 2012/13. Most of the company revenue comes from Mainland China (RMB41,374 million; MOP53,567 million). During the same period, Belle paid RMB10.6 million (MOP13.7 million) in income tax to the Macau coffers. Unemployment rate steady at 1.7pct