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Korean sportswear firm Fila reports Q1 FY21 sales of KRW 988,281 mn

24 May '21
1 min read
Pic: Fila
Pic: Fila

Fila Holdings, a Korean sportswear manufacturer, posted 25.1 per cent revenue growth to KRW 988,281 million (South Korean won) in its first quarter (Q1) FY21 ended on March 31, 2021, compared to revenue of KRW 789,901 million in the corresponding period of prior fiscal. The company’s net profit rose to KRW 134,201 million (Q1 FY20: KRW 39,500 million).
 
Gross profit for the reported period increased to KRW 498,541 million (KRW 381,699 million), while operating profit jumped to KRW 183,569 million (KRW 67,142 million).
 
Revenue in Korea during Q1 FY21 were KRW 136,163 million (KRW 128,826 million). Whereas revenue in US surged to KRW 132,284 million (KRW 106,149 million). 

Fibre2Fashion News Desk (JL)

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