The net profit of "Nike" has grown up almost on 8 %

12.01.2007
The net profit of the largest manufacturer of sports footwear and clothes in the world "Nike Inc". in II quarter 2006/2007 has grown almost on 8 % due to tax privileges and high sales of production of other brands, for example, footwear "Converse".

As informs "Reuters", the net profit for the accounting period has grown up to $325,6 millions, or $1,28 on the one stock, from $301,1 millions, or $1,14 on the one stock year earlier. The proceeds have increased for 10 % - up to $3,82 billions from $3,47 billion. Analytics predicted on the average net profit abut $1,13 on the stock, and proceeds - about $3,76 billions.

"Nike" - the largest manufacturer of sports footwear and clothes in the world. In 2005 fiscal year incomes of the company were $13,7 billions. About 676 thousand people are working on the company on all globes.

Source: news.liga.net