Prada Group’s Net Income for FY2022 Increases by 21.3% To 4.2 Billion Euros, Confident in China’s Outlook for This Year

On March 9th, Italian luxury goods group Prada, listed in Hong Kong, released key financial data for the 2022 fiscal year ending on December 31st. The group’s net income was 4.2 billion euros, representing a 21.3% year-on-year increase in fixed exchange rate terms, while retail sales increased 23.8% year-on-year in fixed exchange rate terms.
Prada Group stated that in the 2022 fiscal year, all regions except the Asia-Pacific region recorded double-digit growth. In fixed exchange rate terms, Europe grew by 63.4%, Japan by 30.5%, the Middle East by 23%, and the Americas by 22.1%. …