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Gross Profit Margin Declined By &Nbsp; And The King Of Nine Herd Was Still Settled In The Social Security Fund.

2011/8/24 13:41:00 41

Gross Profit Margin Declined

It was broken on the day of listing.

Joeone

In the second half of this year, it jumped 21%, becoming a dark horse in clothing stocks.

In August 22nd, although the gross margin of men's trousers and T-shirts decreased, compared with the same period last year, the company attracted 2 companies.

Social security fund

Enter.


It is disclosed that in the first half of this year, the company achieved a total operating income of 964 million yuan, up 31% over the same period last year.

Net profit of 235 million yuan, an increase of 42% over the same period.

The company said that in the second half of the year, it will strengthen the development of the two or three line city channel, continuously enhance the efficiency of store operation, and enhance the capability of commodity design and R & D.


In fact, the market is not surprising for the company's performance.

In July this year, the company reported that its revenue and net profit will increase by 31% and 42% respectively in the first half of the year.

It is interesting to note that two of the top ten circulating shareholders are social security funds, which are 602 and 109 portfolios respectively.

Statistics show that they hold 1 million 166 thousand shares and 1 million 60 thousand shares respectively, ranking fifth and sixth largest tradable shareholders.


Reporters noted that before the listing of the king of nine herd, the social security fund had already entered.

According to the May 23rd announcement of the placing results, the social security 401 combination was allocated 669 thousand shares, the social security 111 combinations were allocated 334 thousand shares.

As the 2 funds are locked for 3 months, they will not be sold until August 30th of this year.


In the two tier market, the king also gave investors generous returns.

Take the social security 401 and 111 combination as an example, according to the issue price of 22 yuan, the total investment of the former network is 14 million 710 thousand yuan, up to 2 million 830 thousand yuan yesterday.

the latter

Floating surplus

It also reached 1 million 410 thousand yuan.


Despite the social security fund

Favor

But in the first half of the year, the gross profit margin of clothing business was 56.68%, down 0.84 percentage points from the same period last year, according to the company's interim report.


In response to this phenomenon, the director of the secretaries said that in the first half of the year, there were 130 new franchises and 27 Direct stores.

Because of the relatively large number of franchisees in the period, a slight change in gross margin was triggered.

Reporters found that the end of 6 sales terminals for 2867, an increase of 365 over the same period last year.


A brokerage garment industry researcher said: "this year gross profit margin is lower, depends on the proportion of the second half of the year and the price increase."


 
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