Lining'S Three Quarter Full Platform Sales In The Same Store Recorded A High Number Of Units.

The company announced that the overall sales volume of the same platform in the three quarter ended September was higher than that in the first half of the year.

But the main driving force for growth is.

Business 80%-90% is growing at a low level, while retail and wholesale channels are growing at a low single digit rate.

As of September 30th, Lining

There are 6247 sales outlets in China, with a net increase of 114 so far this year, of which retail and wholesale accounts for 39 and 75 respectively.

At the same time, the group also disclosed the order meeting of the two quarter of fiscal year 2017, which was held in September. It indicated that the Lining brand orders of the franchisee increased year by year by the tag price. It has recorded an increase in 12 consecutive quarters.

Lining was stimulated by the performance briefing on Thursday, 20 to 5.63% Hong Kong dollars on the whole day, at HK $5.82, a record high of HK $5.93, hitting a new high of at least 52 weeks.

Credit Suisse Group AG Credit Suisse raised its bid price from HK $5.3 to HK $6.8 after the announcement of Lining's performance.

Credit Suisse said in its research report that Lining's channel inventory and retail discount continued to improve in the three quarter, and orders will be strong in the two quarter of next year. I believe that with the continuous push of retail and the increase of gross profit margin, the group can achieve 314 million yuan in the 2016 financial year profit forecast, and expects that the profit in the 2017 fiscal year will increase by 122% to 700 million yuan.

In the 2015 fiscal year, Lining only made profits for the first time since 2012.

This year, Lining has surged by 39.6%.