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Exceed Company Ltd (PK:EDSFF)

Business Focus: Apparel & Accessories

Sector:  Consumer Cyclicals Industry:  Apparel & Accessories
 
Company Contact
Address: Level 12, China Minmetals Tower
79 Chatham Road South
Tsim Sha Tsui, Kowloon
Central
Tel: N/A
Website: N/A
IR: N/A
Key People
Shuipan Lin
Chairman of the Board, Chief Executive Officer
Yau Ting Tai
Chief Financial Officer, Company Secretary
Dongdong Ding
Executive Senior Vice President, Executive Director
Shulong Yu
Deputy Financial Officer
   
Business Overview
Exceed Company Ltd is an investment holding company principally engaged in the manufacture and sale of sportswear. The Company designs, manufactures and sells sportswear including apparel, which mainly comprises sports tops, pants, jackets, track suits and coats; footwear, which mainly comprises running, leisure, basketball, skateboarding, canvas, tennis and outdoor footwear; accessories, which mainly comprise bags, socks, hats and caps.
Financial Overview
For the six months ended 30 June 2014, Exceed Company Ltd revenues increased 29% to $136.2M. Net income increased from $4.1M to $11.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Selling and distribution costs decrease of 6% to $15M (expense), Finance costs decrease of 61% to $56K (expense).