Bosideng net profit plummeted 35.6% throughout the year does

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Bosideng net profit plummeted 35.6% throughout the year does

Postby onlylove111 » Thu Nov 23, 2017 5:16 am

Bosideng net profit plummeted 35.6% throughout the year does not rule out the development of non-down business
                            
Content air max 2015 Bosideng International Holdings Ltd. (3998.HK) Bosideng International Holdings Ltd. (3998.HK) today disclosed its net profit for the fiscal year ended March 31, 2014 of 695 million yuan (RMB) The fiscal year's 1.079 billion yuan fell 35.6%. Revenue from the Group's down jacket business dropped 14.6% YoY to RMB6,057m, mainly due to the drop in domestic demand and the high temperature in autumn and winter. The OEM business was affected by the slow economic sell designer bags recovery in Europe and the Sac de voyage femme United States and the slowdown in processing factories Southeast Asia decreased by 7.8% to RMB880 million.
Sales of non-down garments increased slightly by 1.9% to RMB1.3 billion, accounting for 15.8% of the Group's total revenue, an increase from 13.7% of the previous year. In mid-May, Liang Xuhui, the newly appointed chief executive officer of Bosideng (3998.HK), said at a performance briefing that the future will focus on the development of non-down apparel businesses. It does not rule out raising the percentage of revenue from this business to 30%. Full year gross profit fell 12.8% from 4.161 billion yuan, gross margin decreased 60 scarpe asics basis points to 50%; inventory rose from 1.97 billion yuan to 2.043 billion yuan. Liang Xuhui expect gross margin for the current fiscal michael kors shoulder bags year at least unchanged from last year, while the stock is hoped to be reduced by 10%. Liang Xuhui disclosed that the revenue of its e-commerce business was only 400-500 million yuan, accounting for 6% of the total revenue. It hoped to raise the ratio to 10% through online and offline integration within three years. Bosideng (3998.HK) closed at canada goose pas cher homme HK $ 1.26 on Friday, down 4.55%. Statement: The above Bosideng net profit sac coach bleecker crossbody plummeted 35.6% throughout the year does not rule out the merger and development of non-down business content from 'China Garment Network Content Department' collected from the Internet, and have a clear source of the source of the content, if you copy Belonging objection, please contact us, once verified, we will immediately change! page flip
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