He Is Expected To Make A Profit In The First Quarter Of 2019.
In March 30th, the Limited by Share Ltd launched the first quarter results in 2019.
According to the earnings forecast, he is expected to turn a profit in 1-3 months in 2019. The net profit attributable to shareholders of listed companies is 0 yuan to 5 million yuan, which is 100% to 155.93% over the same period last year, compared with a loss of 8 million 940 thousand yuan last year.
Hinur said in the announcement that the reasons for the first quarter's performance are as follows: during the reporting period, the layout of the company's tourism business was initially formed, the scale of revenue grew rapidly, profitability improved steadily, and the company's comprehensive income continued to improve.
In February last year, he continued to find a new profit growth point after many years of loss. First, he changed the scope of the company's business, added cultural tourism, theatrical performances and other business, and then equipped with several senior executives with cultural backgrounds such as Wanda and Songcheng performing arts, and began to focus on developing cultural tourism. Hinur's move has worked. In less than half a year, the company turned its profit into a profit by relying on the cultural tourism sector. And this move to develop sideline outside the main garment industry has also provided a new way to turn losses into profits for other garment brands that have been losing money for years.
At the end of February, the 2018 annual earnings report of snore announced that its unaudited earnings in 2018 and net profit attributable to shareholders of listed companies were 1 billion 720 million yuan and 125 million yuan respectively, representing an increase of 122% and 114% respectively. Obviously, in the first full financial year of the establishment of the tourism business sector, he has welcomed the explosive growth. It will become the key to the rapid growth of our revenues and profits. In the future, he will take this opportunity to return to glory.
In addition to expanding the business of the tourism sector, he released a repurchase report last December. The repurchase announcement said that the company would repurchase the shares of the company through centralized auction, and buy back shares or be used for employee equity incentive or ESOP. As of March 31st 2019, no share repurchase has yet been taken.
At present, the main business of the company is brand clothing and cultural tourism business, but according to the development and development of the two major plates, perhaps one day, the men's clothing will start to abandon the clothing industry.
Source: Chinese clothing network: Shi Qiao Lu
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