YOUNGOR Net Profit Continued To Rise, Net Profit Increased By 132% Last Year.

In 2014, the company achieved net profit of 3 billion 161 million yuan, up by 132.48% compared with the same period of the first quarter of this year. Net profit A further increase of 82.79% to 1 billion 388 million yuan. In the entire textile and garment industry downturn, YOUNGOR's net profits continued to rise. In fact, in the general performance of the main industry, this is closely related to the stock held by the stock market.

Referring to YOUNGOR's relevant performance reports, the reporter found that in 2014, YOUNGOR sold CITIC Securities, and some of its holdings made profits in the first place, earning 1 billion 463 million yuan. In the first quarter, it disposed of some of the available financial assets and realized an investment income of 83 million 509 thousand and 100 yuan.

In fact, as of the first quarter of 2015, YOUNGOR still held financial assets such as Guang Bo shares, Shanghai Pudong Development Bank, Jin Zhengda, China Ping An and so on, with a market value of 6 billion 423 million yuan and a floating surplus of over 3 billion yuan. At the same time, YOUNGOR also made long-term equity investments in stocks such as Ningbo bank and hemp industry.

In addition, YOUNGOR shares the entrepreneurial software Limited by Share Ltd also intends to land. Gem The total number of shares to be publicly issued is 17 million shares, and the total share capital after the issuance is 68 million shares. In this, YOUNGOR invested 36 million 24 thousand and 200 yuan to hold 8 million 14 thousand and 300 shares of pioneering software. After the issue was completed, YOUNGOR's shareholding ratio was 11.79%. In the above performance note, the relevant industry believes that this has a positive impact on YOUNGOR's stock price.

In addition to the investment business, YOUNGOR apparel industry achieved 1 billion 184 million 538 thousand and 100 yuan in 2014 and net profit of 289 million 799 thousand and 400 yuan, representing an increase of 3.76% and 43.79% respectively over the same period last year. YOUNGOR executives said that the quality of the company's brand clothing business has been improved, and the gross margin has increased by 5 points, mainly from the company controlled discounts.

Differ Investment Business and clothing industry, YOUNGOR's real estate investment is not so smooth. In 2014, it made a profit of 348 million 171 thousand and 300 yuan, down 35.17% from the same period last year. The company executives said that the company made some related impairment preparations for the pre - loss situation of some real estate projects, which would have a certain drag on performance, but could reduce operational risks. According to YOUNGOR's annual report, the company's preparation of assets impairment for the 2 real estate projects in Donghai house and purple jade garden is about 990 million yuan.

At the YOUNGOR performance briefing held this morning, YOUNGOR executives also pointed out that the company's investment business has achieved better development, adjusted the investment structure, reduced the related stocks during the reporting period, and adjusted the accounting settlement method of the Bank of Ningbo. It is worth mentioning that during the heyday, YOUNGOR once called apparel, real estate and financial investment the three carriages to keep pace with each other. However, due to market changes, YOUNGOR began to "shrink the front line" and refocus on the main garment industry.