NAIBU GLOBAL INTERNATIONAL COMPANY PLC 
By ("Naibu" or the "Company")
Trading Update
The Board of Naibu Global International Company Plc (AIM:NBU), a leading Chinese manufacturer and supplier of branded sportswear, is pleased to provide the following trading update and to confirm that the Company's unaudited results for the current financial year will be in line with market expectations.
During the year ended 31 December 2013, Group revenues increased by 15.0 per cent. to reach a record high of RMB1,928 million. Revenue from the sale of shoes accounted for
53.6 per cent. (RMB1,033 million), the sale of clothing accounted for 43.0 per cent. (RMB829 million) and the sale of accessories represented the remaining 3.4 per cent. of revenues (RMB66 million).
Quangang
As announced in the trading update dated 9 December 2013, the Company confirms it is on track to move into its new production facility at Quangang by the end of February 2014 which will expand capacity from 8 production lines to 10 going forward.
Mr Lin Huoyan, Executive Chairman, said: "I am delighted to report that our trading performance has continued to improve year-on-year, and I am confident that this trend will
continue into 2014."
Naibu Global International Company Plc | |
Huoyan Lin, Executive Chairman | Tel: +44 (0) 20 7398 7702 |
Li Zhen, Chief Financial Officer | www.naibu.com |
Daniel Stewart & Company Plc | Tel: +44 (0) 20 7776 6550 |
Paul Shackleton / Martin Lampshire | www.danielstewart.co.uk |
Abchurch | |
Henry Harrison-Topham / Quincy Allan | Tel: +44 (0) 20 7398 7710 |
quincy.allan@abchurch-group.com | www.abchurch-group.com |
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