Domestic

China ANTA says Q3 2011 order book value up 20%

(Agencies)
Updated: 2011-02-22 15:56

China's ANTA Sports Products Ltd said it recorded 20 percent growth in order book value for the third quarter of 2011, Reuters reported on Tuesday.

The average selling price for its footwear and garments recorded double-digit growth from a year earlier at its trade fair held in January, indicating increased market recognition,?the report?said, citing a company?statement.

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In?November, 2010,?the company?recorded order book value growth of more than 21 percent for the second quarter of 2011, it reported.

ANTA, which competes with Li Ning Co Ltd and?Xtep International Holdings Ltd, recorded on Monday a 24 percent rise in 2010 profit, slightly above the street view, the report added.