Consolidated net profit at French clothing group Naf Naf came to 2.42 million euro ($2.2m) after taxes for the first half of the fiscal year 2001/2002. For the period, which ended 28 February 2002, this represents a 34 per cent year-on-year increase.

The company posted a 4.0m euro ($3.6m) pre-tax net profit for the period 1 March to 31 August 2001, a 24 pct year-on-year increase.

Operating profit for the first half of 2001/2002 was up by 55 per cent to 6.3m euro ($5.65m). The company's turnover increased by 6.0 per cent on the same period of 2001/2002 to 109.6m euro ($98.4m).