Min Pai Garment Enterprise Performance Good News, Main Business Well Done.

Recently,

And nine Mu Wang issued the 2015 annual report respectively.

The announcement shows that the performance of two representative enterprises of Fujian clothing has been improved. The first time that seven wolves have realized the growth of revenue growth in the past three years, the number of days of inventory turnover has also declined.

Prior to this, the annual reports released by Li Lang and CABBEEN also had good performances.

The performance of Fujian garment enterprises has benefited from the strategic pformation of the retail terminal.

The retail revolution, which changed the wholesale business model, began to gain results.

although

The defeat did not affect the main performance of the king.

During the reporting period, the retail pformation of the company achieved initial success, achieving a business income of 2 billion 257 million yuan, exceeding the target set at the beginning of the year. The total profit was 491 million yuan, and the net profit attributable to the owners of the parent company was 404 million yuan, an increase of 9.74% and 15.33% respectively over the same period last year.

Men's trousers are still the core of the income of the nine kings, accounting for 49.82% of the main business income.

The inventory problem that plagued garment enterprises has also improved. By the end of 2015, the balance of nine Mu Wang stock was 584 million yuan, down 1.52% compared with the previous period, and the turnover time of inventory was 224 days, which was 18 days shorter than the 242 days of last year.

The 2015 annual report of nine Mu Wang disclosed the company's realization under the retail pformation strategy.

The total profit was 2 billion 257 million yuan, 491 million yuan, up 9.13% and 9.74% respectively over the same period last year.

It is noteworthy that in the past year, nine Mu Wang invested 1 billion 315 million yuan in the purchase of financial assets such as bonds, funds, stocks and so on, and sold 775 million yuan worth of financial assets during the reporting period.

However, the big investment did not bring profits to the king, but on the contrary, the company lost 35 million 712 thousand and 800 yuan.

It is understood that the investment losses of nine Mu Wang came from stock investment.

The annual report shows that in the past year, nine Mu Wang invested 735 million yuan in buying stocks and sold 617 million yuan worth of stock in the reporting period, with a net loss of 50 million 344 thousand and 400 yuan.