Lining Released Earnings Preview This Morning To Stimulate Stock Prices Up 6.73%

What we said earlier

Before the interview, the company revealed that Li Ning Co should record profits in its earnings report last year.

And this morning, Lining released earnings preview and excitement.

All day, it rose 6.73% to HK $4.44.

Lining said that in the first 11 months of the 2015 fiscal year ending November 30, 2015, it is expected that the profit and loss of shareholders will be roughly flat throughout the year, while the huge shareholders who recorded 781 million 500 thousand yuan in the 2014 financial year should account for a net loss.

The annual performance is expected to turn into a profit, making its first profit since the financial year of 2012.

However, the group said that this was mainly due to its banner.

The net proceeds from the 10% equity sale of the brand and the group's long-term cooperation and expansion with the channel partners through improving the sales and profitability of direct outlets.

Business has increased gross margin and expenditure ratio.

After Lining issued a profit preview, Goldman Sachs investment bank conducted a "buy" rating and a valuation of HK $4.9.

At the same time, Goldman Sachs investment bank, Lining's expectations of earnings in line with market expectations, also believe that if the situation of gross profit improvement can continue, Lining will continue to recover in the first half of fiscal year 2016.