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CABBEEN Has Received HK $350 Million Loan From Hongkong Bank.
In December 20th, CABBEEN announced that CABBEEN Affiliated Companies, a wholly owned company, accepted a financing letter issued by a licensed bank in Hongkong for a three year loan financing amounting to HK $350 million.
It is understood that CABBEEN's brand has CABBEEN leisure, CABBEEN City, Cabbeen Love and two o'clock in the morning. Among them, CABBEEN leisure is still the main brand of the group and the main source of revenue. In the first half of the year, its revenue reached about 460 million yuan, an increase of 0.3% over the previous year, accounting for 81.5% of the total income of the group's 560 million yuan.
Source: Chinese clothing network: Chen Zhuo
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