Industry Stock Market: Taipingbird'S Financial Report Data Announcement For The First Quarter Of 2023

Ningbo Taipingniao Fashion Garments Co., Ltd. (hereinafter referred to as "the Company") will have an overall good operating condition in the first quarter of 2023. After preliminary accounting, the Company will achieve an operating income of about 2074 million yuan in the first quarter of 2023, a decrease of about 16% compared with the same period of last year; The net profit attributable to shareholders of the listed company was about 216 million yuan, an increase of about 14% compared with the same period last year; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was about 177 million yuan, an increase of about 58% compared with the same period last year.

The profit growth of the company mainly benefited from: (1) the company was committed to improving the brand value of Taipingbird and the quality of operation. The retail discount rate was significantly improved, and the company's gross profit margin was improved; (2) The company continued to promote cost reduction and cost control, with a significant decrease in operating expenses, which contributed significantly to profit growth.

Content excerpted from: http://www.cninfo.com.cn, content quoted from: Taipingniao, Announcement No.: 2023-027