China: Haining Leather Market profits up nearly 80%

29/07/2011

According to the recent report by Haining Leather Market, China, net profits in the first half reached $334 million, posting an increase of 79.6% year on year.

 

The report predicts the growth rate in net profits could reach 85% to 125% for the first nine months as the newly-opened third phase of leather market contributes $1.5 million to the income.