Semir Apparel Purchase 70% Stake In Yu Han To Enter Children'S Education Industry

Semir's third quarter report showed that Semir's third quarter operating income was 2 billion 430 million yuan, an increase of 10.34% over the same period last year, and net profit of 328 million yuan in the third quarter, an increase of 22.41% over the same period last year. In 2014 1-9, Semir's total operating income was 5 billion 362 million yuan, up 8.82% over the same period last year. Net profit was 671 million yuan, an increase of 21.67% over the same period last year.

Financial reports show that Sale The corresponding increase in franchisee's credit limit resulted in an increase of 35.95% in the accounts receivable during the reporting period, and the addition of new products into winter stores, with an inventory value of 1 billion 624 million yuan, an increase of 76.17%.

Semir costumes signed a purchase agreement with Hongkong Rui Zhi group limited in July 17, 2014 to purchase 70% stake in Yu Han group (Shanghai) Information Technology Co., Ltd. The company has two well-known early education brand genius baby and little earth. Semir said this time Expand The children's industrial chain is intended to spanform Semir from children's clothing providers into children's industrial integrated service providers that combine products, education and cultural dissemination.

The results show that the improvement of Semir's casual wear business and the rapid development of children's business have promoted the sales revenue growth of the company; besides, the influence of the brand has been continuously improved, which has also promoted the gross profit margin of the products. Promote Semir expects net profit to rise by 30% in 2014 and 900 million in 13 years.