Net earnings at China-based athletic and casual footwear firm Yue Yuen Industrial Holdings Ltd. rose 56% in the first nine months of the fiscal year, with particularly strong revenue increases recorded in Asia.

For the nine-month period ended June 30, sales rose 21% to $3.6 billion compared with $3.02 billion in the prior-year period. Net profits totalled $453 million compared with $290 million.

Total footwear production rose 12% to 195.6 million pairs, with sales fir its largest category, athletic shoes, rising 20% to $2.1 billion compared with $1.76 billion in the same nine-month period last year.

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