Benefit Men'S Clothing Consumption Continued To Pick Up, Seven Wolves 2018 Net Profit Of 346 Million!

The local men's clothing brand, Fujian seven wolf industrial Limited by Share Ltd (hereinafter referred to as the "seven wolves"), issued the 2018 annual report in April 3rd. During the reporting period, the company achieved operating income of 3 billion 520 million yuan, an increase of 14.01% over the same period, and a net profit of 346 million yuan attributable to shareholders of listed companies, an increase of 9.38% over the same period last year.

Basic earnings per share of 0.46 yuan.

The company's latest allocation scheme pays dividends of 1 yuan for every 10 shares and a dividend yield of 1.28%.

As one of the leading companies in China's men's wear brand, the seven wolves are mainly engaged in the design, production and sale of "seven wolves" brand men's clothing and needle spinning products. The main products include shirts, Western-style clothes, trousers, jackets, knitwear, and men's underwear, underwear, socks and other knitted products.

In recent years, the company has actively developed new brands with its own Incubator + investment and acquisition mode. Up to now, besides the main label "seven wolves" products, the company's brand also includes "16N", "Wolf Totem" (Wolf Totem), and the international light luxury brand "Karl Lagerfeld".

During the reporting period, the seven wolves continue to plough new retail outlets, start from the needs of customers, return to the essence of business, focus on customer value, and promote strategic landing.

On the one hand, we should continue to work hard to consolidate the main garment industry and steadily push forward the reform and innovation of the retail mode. On the other hand, based on the garment industry, we should actively promote investment related work around fashion and large consumption areas.

Through years of efforts, the relevant reform measures have initially shown some results.

In addition to the "seven wolves" main brand, the seven wolves also cultivate three new brands of Wolf Totem "WolfTotem", "16N" and "Karl Lagerfeld" by means of self incubation and foreign investment.

During the reporting period, the seven wolves continue to promote the incubation and cultivation of "Wolf Totem" and enhance product fullness.

"16N" is the young tide card of the company's early investment.

During the reporting period, the company optimizes its original business on the one hand and tries to expand the franchise channel. On the one hand, it sets up various incentive plans for management and terminal employees for 16N, while exporting experienced management team to make up for the lack of original operation capability.

Relevant measures also contributed to the relatively good development of 16N during the reporting period.

In 2019, the seven wolves will focus on the following tasks in line with the macro environment, industry trends and the actual situation of the company.

Optimize the layout of stores, continue to optimize and upgrade the channel structure, and promote the improvement of store efficiency.

Vigorously develop the electricity business, while continuing to promote online and offline integration, to achieve integrated development of online and offline.

We will continue to optimize supply chain management, formulate a supply chain management process that meets the company's development strategy, and strengthen the integrated operational capability of all business modules.

We should continue to make efforts to multi brand strategy, and steadily push forward the attempt to brand new brands represented by "Wolf Totem" and "16N", and constantly adjust and optimize products according to the performance of terminals.

Efforts to promote the landing of Karl Lagerfeld business plan, stimulate the brand development potential through the operation of the retail field and the authorized domain, thus opening a window for the company to go to the market wide and luxurious clothing field.

Continue to focus on clothing related fashion and consumption areas, mining investment targets that meet the company's strategic objectives, and inject new blood into the company's future growth.

We should further improve the investment decision-making mechanism, risk management and control mechanism, post investment follow-up mechanism, and so on, so as to control investment risks and promote the healthy development of investment business.

From the existing data, the market environment is still complex and changeable, and the development of the main brand and new brand is closely related to the external environment and the management and operation ability of the company. The seven wolves will focus on the medium and long-term development strategy, actively implement the annual plan, advance steadily, and promote the effective improvement of the company's performance.