5th Jun 2014 12:06
LONDON (Alliance News) - China-based Camkids Group PLC Thursday said that trading across all of its divisions is in line with market expectations for the current financial year, while its order book was buoyed by a new collection fair. The company also said it is committed to remaining listed on the London Stock Exchange's AIM market.
In a statement, Camkids, which designs, manufactures and distributes children's branded outdoor clothing, footwear and equipment, said its order book is up 1.2% compared with the equivalent period last year after showcasing its autumn/winter 2014 collection to distributors in Beijing in February.
Meanwhile, Camkids moved to reassure investors that it is "fully committed" to its listing on AIM, amid press articles about a number of Chinese companies proposing to delist from the market, saying that it continues to see "a huge amount of value" associated with being listed.
"Camkids has been successful in attracting UK investors both at IPO and subsequently and also receives a large amount of commercial and reputational benefit in China from its listing on AIM," the company said in a statement.
Camkids shares were Thursday quoted at 65.17 pence, up 0.3%.
By Samuel Agini; [email protected]; @samuelagini
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