In The First Half Of The Year, The Net Profit Of 81 Million 960 Thousand Yuan Was Strengthened.

In August 21st, the Guangdong Bao Bo Long shareholders limited (hereinafter referred to as "Bo Bao Long") issued a semi annual report in 2019, which reported a 522 million yuan gain in the reporting period, an increase of 15.05% over the same period, and a net profit of 81 million 962 thousand and 400 yuan attributable to shareholders of listed companies, an increase of 8.37% over the same period last year.

According to the announcement, during the reporting period, the business revenue of the company came from clothing design, organization and production, and designer's brand clothing sales, which mainly came from the design business and the organization production business. In addition, the growth of the profit and net profit of the company continued to grow year-on-year, mainly due to the continuous improvement of the company's R & D design capability, the enhancement of the development of the design style, the active exploration of market customers, the increase of the cooperation viscosity with the new customers under the premise of stabilizing the existing customers, the better sales and sales of the design business, and the steady increase in business income; meanwhile, the global brand designers and wholesales and retail businesses of the company are progressing smoothly, and the sales channels have been actively expanded, and the sales revenue has increased substantially during the current period.

At the same time, the announcement pointed out that at present, the company is facing the risks of introducing and losing talents, failing to accurately grasp the changes in fashion design, concentrating customers, concentrating design categories, failing to properly protect the company's product design and intellectual property rights, raw material prices and labor costs.

Public information shows that the company is a professional design company engaged in garment design and supporting organization and production service according to the design style. During the reporting period, the design business model is mainly for interior designer's clothing design. In order to dig out the fashion design industry, the company will carry out the construction of the "global fashion design ecosystem project". With the implementation of the "global fashion design ecosystem project", the business of the main business will be a new round of growth.