Much Love Home Textiles: Net Profit Of 27 Million 784 Thousand And 800 Yuan In 2018, An Increase Of 20.09% Over The Same Period Last Year.

Much loved home textiles (002761.SZ) issued a notice in February 25th, which was affected by the steady development of the traditional textile business and the growth of revenue in the second, third quarter of the new Internet business. In 2018, the company achieved a total revenue of 903 million yuan, up 32.61% over the same period last year.

The total profit of the company was 49 million 258 thousand and 400 yuan, an increase of 62.86% over the same period last year, mainly due to the increase in total profit from the increase in operating income. The net profit of the shareholders attributable to the listed company was 27 million 784 thousand and 800 yuan, an increase of 20.09% over the same period last year, mainly due to the profit growth brought by the increase in operating income.

As of December 31, 2018, the company's share capital was 204 million shares, an increase of 70% over the previous year, mainly due to the implementation of the 2017 equity allocation scheme, with the capital reserve fund being converted to 7 shares per 10 shares to all shareholders.