Sportswear Retail Giant Baosheng International 2019 Profit In The First Three Quarters Increased 55.6% Over The Same Period

Last week, 03813.HK released the unaudited performance report for the nine months ended September 30, 2019. According to the report, Baosheng international has achieved an operating income of 19 billion 996 million yuan for the 9 months ended September 30, 2019, an increase of 20.2% over the same period last year. The profit attributable to the company's owners increased by 55.6% to about 605 million 700 thousand yuan compared with the 389 million 300 thousand yuan recorded in the same period in 2018.

Photo source: Baosheng international earnings screenshot

Baosheng International Holdings Limited is one of the largest sportswear retailers and agents in China. It is a professional company with over twenty years of sporting goods and leisure products. Baosheng international listed in Hongkong in 2008. Currently, it has more than 20000 employees and manages more than 8000 sales outlets and channels, covering all the Chinese market.