Vigna S Expects Net Profit Growth Of More Than 44% In 2018, And Brand Pyramid Continues Upward.

Vigna S's 2018 revenue increased 20.21% over the same period last year.

On the evening of January 7th, the announcement of the 2018 annual performance bulletin showed that the company's revenue in the 2018 year was 3 billion 82 million yuan, up 20.21% from 2 billion 564 million yuan a year ago, and its operating profit was 410 million yuan, up 37.26% yuan from the same period last year. The net profit was 274 million yuan, an increase of 44.28% over the same period last year.

Basic earnings per share of 1.59 yuan.

During the reporting period, the company completed the non-public offering of shares and increased its net assets by 504 million yuan. At the end of 2018, the owners' equity of the company belonging to the shareholders of the listed company was 2 billion 417 million yuan, an increase of 47.32% over the same period last year.

According to brand segmentation, VGRASS revenue grew 8.97% year-on-year; TEENIE WEENIE revenue rose 25.45% compared to the same period last year, operating profit increased by 66 million 300 thousand yuan, and brocade revenue grew 8.42% over the same period last year.

In addition, Vigna S recovered Warburg trust investment during the period and increased operating profit by 73 million 270 thousand yuan.

During the period, Vigna S also completed the issue of non-public offering and increased net assets by 504 million yuan.

In January 8th, Wenger rose rapidly and rose more than 2% in 5 minutes. As of 9:30, it was 15.11 yuan, 1 million 227 thousand and 900 yuan, and turnover rate of 0.06%.

As of January 8th, 3 p.m., or 3.4%.

A while ago, the three quarterly report showed that the company achieved a revenue of 2 billion 18 million yuan in the first three quarters of 2018, an increase of 30.58% over the previous year, and a net profit of 137 million yuan attributable to shareholders of listed companies, an increase of 141.37% over the previous year. The basic earnings per share were 0.80 yuan, up 116.22% over the same period last year.

Vigna S's main business is clothing design, production and sales.

The company owns three brands, namely VGRASS, Yuan Qian (Yun Jin) and TEENIEWEENIE (referred to as "TW").

At present, the company continues to penetrate the high-end women's clothing market through VGRASS and Yuan Qian (Yun Jin) brand, and enters the children's clothing market and the children's clothing market including the baby market through the advantage of TW brand. The brand layout of the group is initially completed.

The main reason for the rapid growth of Vigna S's income is mainly that the brand continues to improve and the TW brand still has a certain effect.

At present, a multi brand three-dimensional layout covering multiple price segments and customers has been initially formed.

Moreover, online channels have entered a stage of rapid growth.

In addition to cooperation with Taobao, Tmall, Jingdong, vip.com and other comprehensive e-commerce providers, Vigna S also tried "micro mall" and online shopping services, receiving O2O services under the line mode, expanding the penetration of online channels.

According to the Dongguan Securities Research Report, the company's offline channel has been adjusted during the reporting period, and the line has maintained rapid growth.

By the end of the three quarter, the total number of stores under the company reached 1419, and 30 were closed down compared with the beginning of the year, of which VGRASS brand stores closed 5, and the total number of stores reached 157; TW brand stores closed 25, and the total number of stores reached 1261.

In the first three quarters of the year, the revenue from the offline channel reached 1 billion 778 million yuan, up 6.18% from the same period last year, and the online sales revenue reached 234 million yuan, up 36% from the same period last year.

Guotai Junan research report said that the TW brand has continued to grow since the three quarter of 2017, and the merger and acquisition integration has been advancing well. The main brand promotion and shop renovation are expected to continue the trend of recovery, and its online business growth is bright and has potential for growth.