Prada Q1 net profit rises 13.5 pct on Asia Pacific sales
HONG KONG, June 11 (Reuters) - Italian fashion house Prada SpA posted a 13.5 percent rise in first-quarter profit on Tuesday, boosted by strong sales in the Asia Pacific region.
The maker of luxury leather bags and Miu Miu-brand dresses, which has a market value of $24 billion, reported a profit of 138.2 million euros ($180 million) for the three months ended in April compared with 121.7 million euros in the same quarter last year.
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(Reporting by Donny Kwok in Hong Kong, Tripti Kalro in Bangalore; Editing by Lee Chyen Yee and Miral Fahmy)
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