The Retail Terminal Shrinks And The Net Profit Is Down Nearly 90% In The First Three Quarters.

2018/11/2 9:52:00 60

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In the evening of October 30th,

Limited by Share Ltd

The third quarter report of 2018 was released.

The data shows that

In 2018, 1-9 yuan achieved a total operating income of 2 billion 302 million yuan, representing a year-on-year growth rate basically unchanged from the same period in 2017.

But the shareholders who are listed in the period belong to the listed company.

Net profit is about 16 million 60 thousand yuan, the growth rate dropped 89% compared with the same period last year.

。

The company says it leads to shareholders belonging to the listed company.

Net profit slipped

There are five reasons for this:

First,

Due to the rising cost of production factors, such as raw materials and labor costs, the output of independent brand of the company has declined compared with the same period last year, resulting in a rise in fixed manufacturing costs allocated by unit cost.

second

The company provides subsidies, merchandise discounts and other supporting policies to dealers instead of short-term financial support, further reducing the gross profit of the brand.

third

The laying of retail stores under the international brand line of Jerry's line led to an increase in operating costs during the reporting period.

Fourth

The operation and R & D of new brands result in higher management fees and R & D costs.

The fifth

The rising cost of finance has made financial costs continue to rise.

In addition,

Guirenniao

The shrinkage of the main brand in the retail terminal is also very serious. The data show that during the reporting period, there were 437 new stores and 725 closes.

Among them, in order to integrate store resources, the company has promoted sales cooperation with direct distributors of some regional distributors this year. Through repurchasing some of the dealers' inventory and converting the distributors' independent channel shops into direct outlets, the company has added 79 new stores in the reporting period.