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    YOUNGOR'S Clothing Revenue Rose 2 Billion 170 Million In The First Half Of The Year

    2014/9/1 18:49:00 31

    YOUNGORClothingProfits Surge

    YOUNGOR's latest report shows that in 2014 1-6, the company's brand clothing business achieved operating income of 2 billion 170 million yuan, an increase of 1.13% over the same period last year, a net profit of 420 million yuan, an increase of 27.25% over the same period last year.

       shirt Western-style clothes and casual wear are the three largest product lines of YOUNGOR clothing. In the first half of this year, YOUNGOR led the product shirts to achieve a business income of 730 million yuan, a steady growth; the Western clothing realized a business income of 490 million yuan, a slight decrease compared with the same period last year; casual wear achieved 950 million yuan in business revenue, and the growth rate was better than the average level.

    Four years ago, YOUNGOR launched four new brands, MAYOR, GY, Hart Schaffner Marx and hemp family, outside the main brand YOUNGOR. In the first half of this year, four new brands realized a total recovery of 180 million yuan, an average increase of 26.03%. Except for a slight loss of 47 thousand and 800 yuan from the hemp family, they all made profits.

    By the end of June this year, the total number of YOUNGOR sales outlets was 2980, representing a net increase of 45 compared with the beginning of the year, with a business area of 338667 square meters, representing an increase of 8.2% over the same period last year.

       Youngor The business revenue of real estate business was 5 billion 50 million yuan, down 4.79% from the same period last year, and realized net profit of 540 million yuan, a decrease of 2.42% over the same period last year.

    In terms of investment, YOUNGOR realized a net profit of 870 million yuan, mainly contributed by the company's accounting method for the Bank of Ningbo since its early stage, which was changed from the sale of financial assets to long-term equity investment, and the gains and losses were recognised by the equity method, an increase of about 800 million yuan over the same period last year.

    Combined with the above three businesses, YOUNGOR achieved a business income of 7 billion 580 million yuan in the first half of the year, 5.16% lower than the same period last year, and a net profit of 1 billion 830 million yuan, compared with the previous year. Synchronization An increase of 90.52%.

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