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The Profit Of Red Bean Is Not Determined By Clothing.

2010/8/14 17:34:00 57

Domestic clothing giant red beans

The 2010 half year report was released.

The semi annual report showed that the operating income of Hong Kong stock reached 1 billion 362 million yuan in the first half of the year, up 173.41% from the same period last year, and the net profit attributable to parent company was 25 million 430 thousand yuan, an increase of 77% over the same period last year.

The basic earnings per share is 0.06 yuan, and the average return on net assets is 1.84%.

However, the business revenue and net profit growth of the clothing giant is not.

clothing

Sales mainly came from the operating income of Wuxi subsidiary of red bean limited.

The announcement shows that the B group of Wuxi Zhenjiang Xiangjiang flower city has successfully delivered the group. At the same time, as the red bean International Plaza project opened in the second half of 2008, the apartments and office buildings began to settle accounts in the first half of this year. Therefore, the net profit in the first half of this year is more than that in previous years. The total operating income is 941 million, the operating cost is 782 million yuan, and the operating profit margin is 16.89%.

Operating income increased by 715.41% over the same period last year.

The operating income of red bean is 69% of the operating income of Hong Kong stock.

The red bean board of directors also believes that the main business income and net profit growth of the company in the first half of this year is mainly due to the main business income of the company holding subsidiary, Wuxi red bean home Co., Ltd.

profit

Growth is due to growth.

Hong Kong stock owns 6 subsidiary companies. In the first half of this year, Wuxi red bean apparel Co., Ltd. brought a net profit of 135 thousand and 400; Wuxi Yi Di Fei casual wear Co., Ltd. brought a net profit of -295.45 million; Wuxi red bean cotton spinning Co., Ltd. brought a net profit of 2 million 421 thousand; Wuxi post villa sewage treatment Co., Ltd. brought a net profit of -31.43 million; Wuxi red bean International Trade Co., Ltd. brought a net profit of -20.23 million.

The above 5 subsidiary companies, three losses, two mild

profit

。

The sixth subsidiary company, Wuxi red bean Real Estate Co., Ltd., has a net profit of 36 million 400 thousand. It has become the most important force contributing to net profit of Hong Kong Group.

However, the red bean Board believes that in the second half of the year, we should focus on the development of red bean men's wear chain Monopoly channel construction, grasp the key provinces regional investment promotion conference, establish and implement the chain Monopoly standardization system, strengthen the supervision and management of the exclusive stores, continue to vigorously promote technological innovation, quickly expand group buying occupation clothing business, improve the winning rate of professional clothing, strive to improve the profitability of the company, and promote the real estate business prudently and cautiously.