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    Deutsche Bank: BELLE'S International Performance Is Expected To Surprise Pat.

    2014/10/28 17:23:00 24

    Deutsche BankBELLEInternationalPerformance

      

      


      

    BELLE

    In the first half of the fiscal year, sales increased by 10.9% to 18 billion 600 million yuan, while net profits rose 7.5% to 2 billion 80 million yuan.

    During the period, the sales of BELLE footwear products increased by 6.6% year-on-year, while the same store sales growth recorded a decline in the number of units per unit, gross margins improved by 0.5 percentage points to 67.7%, branch profits dropped to 21%, and sports products increased by 16.8% in the first half of the fiscal year.

    Sale

    The growth rate was 15%, gross margin improved 2 percentage point to 41.9%, and branch profit increased 1.4 percentage point to 7.4%.

    The bank means

    BELLE

    Net profit in the first half of the fiscal year accounted for 42% of the bank's annual earnings, close to 41% last year, and 35% higher than the bank's original estimate.

    The rating is "buy" and the target price is 12.4 yuan.


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    The Hong Kong Stock Market Has Rebounded 160 Points, BELLE'S Performance Is Up 1.

    According to the daily mail, the US stock market has been developing separately every night. After the support was held near the 23000 point yesterday, the HSI held a high price of 46 at 23189.83 this morning, and the country index opened 29 points higher at 10341.45. After the opening of the market, the Hang Seng index increased by more than 100 points. The provisional saw up to 160 points, 23303 points, 150 points 23293, and 10411 points.

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