News Birds Brand Stable Development, The First Three Quarters Of Net Profit Increased By 131.28% Over The Same Period Last Year.
Recently, the Cmi Holdings Ltd announced the third quarter report in 2019 that the operating income in the first three quarters was 2 billion 169 million yuan, an increase of 3.34% over the same period last year. Net profit was 163 million yuan, up 131.28% over the same period last year. Among them, the third quarter realized revenue of 739 million yuan, up 7.73% compared with the same period last year, net profit 51 million 658 thousand and 300 yuan, an increase of 65.42% over the same period.
In addition, the report also showed that the predicted net operating profit for the 2019 year was positive, which rose by more than 50%. The net profit change attributable to shareholders of Listed Companies in was 213 million -2.38 billion yuan, and the net profit margin was 310%-360%. The reason for its performance change is that the company's government subsidies increased during the reporting period compared with the same period last year, while the share loss and asset impairment losses were reduced compared with the same period last year. Haggis's brand continued to grow.
Public information shows that the birds are mainly engaged in the design, production and sale of the men's clothing products, such as wedding birds, brand suits and shirts. There are many brands in the clothing industry. The brands currently owned or represented include the birds, HAZZYS (Haggis), Camicissima (Kay Mitch), Lafuma (Le Feiye), Don Bollini, cloud wing intelligence, and treasure birds.
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