Comprehensive net income nearly tripled to HK$280,881,000 ($36.0 mm) from HK$110,935,000 in the fiscal year ended Mar. 31 on 20% higher revenues of HK$2,109,422,000 ($270.4 mm) vs. HK$1,757,316,000 at the apparel maker. Excluding exchange differences and other comprehensive items, the bottom line gained 48% to HK$230,012,000 ($29.5 mm) from HK$155,119,000. Gross margin 100 basis points higher at 19.2% benefitting from lower materials costs partially offset by ever-increasing Chinese labor costs. It closed the acquisition of a production facility in Vietnam on Jun. 1, both to expand capacity and to hedge against rising costs on mainland China.

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