Meibang Clothing'S Annual Performance In 2022, Net Profit Loss Of 780 Million Yuan To 720 Million Yuan

On January 31, Meibang Clothing (stock code: 002269) released the 2022 annual performance forecast. Meibang expected (stock code: 002269) that the 2022 annual performance was expected to be attributable to the net profit loss of shareholders of the listed company of 780 million yuan to 720 million yuan, a year-on-year decrease of 77.13% - 63.51%.

In the announcement, Meibang pointed out that the reasons for performance changes are as follows:

1. In this year, the operation of the company was still significantly affected by the COVID-19 epidemic, and the normal operation of logistics distribution, e-commerce or offline store sales were affected to varying degrees, resulting in a decline in the company's operating income and operation * * *.

2. During the epidemic period, some franchisees had poor performance, overdue repayment and aging of accounts receivable, and the company accrued credit impairment losses, which had a great impact on the net profit of the year.

3. The company continued to close the direct stores in the unreasonable business district in this year, resulting in a high cost of closing some stores, which to some extent affected the operating income and net profit of the year, but is expected to have a positive impact on future performance.