361 Degrees Against Anta'S First Half Net Profit Increased 22.3% To 269 Million Yuan

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After that,

It also issued a half - year report for a good performance.

361 year interim results show that as of June 31st this year, turnover increased by 5.7% to 2 billion 208 million yuan, and net profit increased 22.3% to 269 million yuan over the same period.

However, compared with the same period of last year, turnover growth was slow, and net profit growth rate was also declining.

Data show that turnover in the period reached 2 billion 208 million yuan, an increase of 5.66% over the same period.

The group's same store sales grew 6.3% in the first quarter, and its growth in the two quarter accelerated to 7.2%.

Compared with the first half of 2014, the 361 - year turnover was 4.6% year-on-year in the first half of last year, and net profit increased by 28.3% over the same period last year.

This means that the growth rate of 361 yuan in the first half of this year is only 1%, while the net profit growth rate has dropped by 5%.

In terms of goods, the average wholesale price of goods benefited from internal production, new design and innovative products increased. Footwear gross margin increased to 41%, while accessories and children's clothing business rose to 40.2% and 40.3% respectively.

Because of the fierce competition in the clothing market, the gross profit margin of clothing dropped from 43% to 41.8%.

Gross margin increased by 1.6% to 41.3%.

The total number of retail outlets for 361 degree sports increased from 7319 at the end of last year to 7404 at the end of June this year, 361 degrees.

Revenue accounts for 10.6% of the group's turnover.

361. The Board believes that the outlook for the company is still positive in the short term. The challenge in the medium term is to ensure that some long-term measures start to make profits and achieve.

Strategy, but competition will always be fierce.