The LANCY Revenue Last Year Reached 2 Billion 662 Million Yuan And Net Profit Increased By 12.20%.

Recently, China Fashion Group LANCY released its core data for 2018 annual report. According to the survey, the revenue of LANCY in 2018 rose 13.10% to 2 billion 662 million yuan, operating profit increased 7% to 240 million yuan, and net profit increased 12.20% to 210 million yuan over the same period last year.

Among them, the group's women's clothing business increased by 24.29% to 1 billion 379 million 600 thousand yuan, a record high, during the period, the main brand "Liang Zi" and "Rhine" business income respectively achieved 32.54% and 24.24% growth.

At the same time, the basic earnings per share of 0.5261 yuan, the group in 2018 every 10 shares to distribute cash dividends 1.5 yuan.

Since its inception, LANCY has been committed to the design, production and sales of brand women's clothing, focusing on high-end high-end women's clothing market, and based on women's fashion industry, relying on capital, channels, customers, talents and influence in fashion culture, actively expanding the related industries.

At present, Langer LANCY has formed a multi fashions ecological circle based on fashionable women's clothing, green baby, medical beauty and asset management.

As the focus of business spanformation of LANCY in recent years, the medical and American business achieved 479 million 600 thousand yuan in 2018, up 87.26% from 2017.

During the reporting period, the combined net profit of the company was 27 million 519 thousand yuan, up 43.42% from 2017. Among them, "Milan Bai Yu" and "crystal skin medical beauty" six and "high life", have completed the 2018 performance commitments made at the time of the acquisition.

In addition, in 2018, LANCY, a large shareholder and 26.53% stake in the Korean children's clothing group Agabang & Company, earned 660 million 700 thousand yuan, but it affected the combined net profit of -2397.23 million yuan.

During the reporting period, the domestic and aka brand sales channels have been set up by Agabang & Company, covering 19 self owned shops (Agabang Gallery collection store), 14 distributors (14 Agabang Gallery stores, mother and child shops) and 3 online channels.

In 2018, the sales revenue of the group was 105 million 200 thousand yuan, and the net profit of the company was 92 million 705 thousand and 200 yuan after the merger, which was 22.46% higher than that in 2017.