The good performance of Youngor brand clothes came out on two legs

According to a report released today by G Youngor, the company's main business revenue in the first half of this year was 2.912 billion yuan, an increase of 33.20% year-on-year; operating profit was 487 million yuan, an increase of 31.29% year-on-year; net profit was 383.48 million yuan, a year-on-year increase of 31.39%. Earnings per share of 0.215 yuan, the return on net assets was 9.01%, an increase of 0.74 percentage points.

During the reporting period, the company’s textile business grew rapidly. Yarn-weaving project products are in short supply, wool textile projects have begun to produce benefits, and textile business revenue has increased by more than 90% year-on-year. At the same time, despite the impact of macro-control, the company's real estate business still maintained a good momentum of development, the development of the “West Lake Garden” project was delivered, and the pre-sale of the newly opened “Urban Forest” project was good.

However, due to changes in the trading environment, the growth rate of foreign trade has slowed.

From the perspective of major business categories, the company’s apparel sales revenue was RMB 1.137 billion, an increase of 10.17% year-on-year, and its main business profit margin was 44.45%, a decrease of 2 percentage points; textile sales revenue was RMB 675 million, an increase of 93.75% year-on-year; its main business profit margin was 14.88. %, a decrease of 5.13%; real estate sales revenue of 911 million yuan, an increase of 47.52%, the main business profitability of 40.97%, a decrease of 0.75 percentage points.

At the end of the reporting period, 7 of the company’s top ten non-restricted shareholders were special account for the creation of performance guarantee securities for the securities company’s warrants. G Youngor yesterday's closing price of 5.83 yuan, up 5.05%.