The Main Business Income Of Hong Kong Stock Decreased By 15.35% In The First Quarter Of 2016.

In April 22nd,

Shares disclosed the first quarter earnings in 2016. The main business income of the company was 489 million yuan, a year-on-year decrease of 15.35%, and net profit attributable to the parent company was 28 million 120 thousand, an increase of 110.95% over the same period last year.

From the point of view of financial data, now

Online and offline sales accounted for 85% and 15% respectively. As of the end of March 2016, the offline stores had 787 men's stores after internal rectification, of which 57 were directly owned and 730 were joined.

The extension of franchised stores under the line is still the main growth point of red bean menswear in the first quarter, and the opening of 14 new line stores.

The red bean side revealed that the company's single store store efficiency was lower than that of the direct store. However, since the cost of joining franchising stores was lower than that of Direct stores and occupied less working capital, Future Ltd would focus on developing joint franchises, which would help companies increase the number of stores and enhance the overall performance of men's clothing business.

In recent years, the brand of red bean menswear has been complying with the market development and innovating constantly.

Customers, fully integrate social resources, have gone out of the road of "chain Monopoly" with their own characteristics.

In 2015, the new red beans joined the new mode of alliance to become a hot spot in the clothing market. When other men's clothing stores were closing up, the brand of the red bean men's wear showed strong development momentum.