Cost-cutting is no longer effective, with Ningbo Peacebird Fashion's net profit falling by 30% in the first half of the year. (Interpretation of financial report)

During the reporting period, the revenue was 3.146 billion yuan, a decrease of 12.66% year-on-year, and the net income was 0.171 billion yuan, a decrease of 31.73% year-on-year. On the cost side, the cost of goods sold decreased by 8.30% year-on-year. Sales expenses, management expenses, and research and development expenses decreased by 7.08%, 15.49%, and 1.68% compared to the same period last year. The brand's profitability has decreased across the board, with 193 stores closing.

cls.cnAug 19 06:47 ET

Meibang Apparel “sells houses to survive”: since last year, the total number of re-stores is expected to reach 1.3 billion

How can established casual wear be saved?

wallstreetcnDec 4, 2023 02:13 ET

Is there still a chance to cross the boundaries of lithium batteries from women's clothing to spread fashion on a daily basis

Footwear companies are busy crossing borders.

wallstreetcnNov 8, 2023 21:11 ET

Review of December 24: full momentum this week, release the volume of the main funds to attack 5 shares next week.

December 24 news, the three major indices opened low, and then Prev maintained a low consolidation, the gem index led two cities down. In terms of the plate, medicine-related plates collectively rose, Chinese medicine stocks led the rise, food processing, retail and other consumer stocks were active against the trend; lithium batteries, photovoltaic, energy storage and other new energy tracks fell across the board, of which the weight fell more than 9% in the Ningde era. The index continued to weaken in the afternoon, with the gem index falling 2.7% at one point. Cultivate diamond, NFT concept stocks pull up; automobile, rare earth, fluorine chemical industry, digital currency and other sectors in the doldrums. Overall, market sentiment cooled, individual stocks showed a general downward trend, the two markets

新浪財經綜合Dec 24, 2021 02:46 ET

Zhongtai Securities: give Mercury Home Textile overweight rating

2021-10-30 Wang Yusi of Zhongtai Securities Co., Ltd. conducted a research on Mercury Home Textile and issued a research report entitled "online high growth continues, product structure upgrading leads to profitability improvement". The current share price is 15.26 yuan. Mercury Home Textile (603365) report Summary the company released its three-quarter report for 2021, with an income of 2.456 billion yuan (+ 28.23%), a net profit of 250 million yuan (+ 44.43%), and a net profit of 230 million yuan (+ 77.57 yuan).

證券之星Oct 30, 2021 01:25 ET

Apparel Maker Xin Hee to Unlock Restricted Shares Representing 9% Stake

MT NewswiresOct 25, 2021 22:42 ET