YOUNGOR Made A Profit Of 2 Billion 27 Million Yuan In The First Half Of The Year.

Recently, YOUNGOR group Limited by Share Ltd (hereinafter referred to as YOUNGOR) released its semi annual report in 2019. In 2019 1-6, YOUNGOR completed its operating income of 4 billion 582 million 562 thousand and 800 yuan, and realized a net profit of 2 billion 27 million 71 thousand and 700 yuan attributable to shareholders of listed companies, up 27.81% and 36.16% respectively over the same period last year.

The fashion apparel sector achieved 3 billion 156 million 349 thousand and 100 yuan in operating income and realized a net profit of 647 million 870 thousand and 200 yuan attributable to shareholders of listed companies, representing an increase of 11.86% and 6.90% respectively over the same period last year.

The real estate sector completed its operating income of 1 billion 425 million 927 thousand and 500 yuan, achieving a net profit of 274 million 301 thousand and 400 yuan attributable to shareholders of listed companies, representing an increase of 86.70% and 110.60% respectively over the same period last year.

Net profit attributable to shareholders of listed companies reached 1 billion 104 million 900 thousand and 100 yuan, an increase of 46.84% over the same period last year.

The report shows that YOUNGOR brand clothing completed 2 billion 765 million 605 thousand and 900 yuan of business income, the net profit attributable to shareholders of listed companies was 658 million 798 thousand and 200 yuan, representing an increase of 3.79% and 10.52% over the same period last year.

At the beginning of the year, YOUNGOR joined the "A100" strategic partnership program. It accelerated the docking with Alibaba in the aspects of e-commerce operation, main brand transformation, MAYOR brand incubation, designer resource utilization, global consumer convergence, data platform, Ali cloud and so on, laying the foundation for realizing the comprehensive digital transformation of enterprises. Shop image upgrade: in June, YOUNGOR's first workshop opened in Hangzhou's joy city. For the first time, it used the combination of celebrity endorsement and fashion KOL to promote the theme. It won the recognition of high-end high-end shopping centers in fashion and exposure. As of the end of the reporting period, the workshop has already entered 5 shopping centers.

As a leading enterprise in the domestic men's wear industry, YOUNGOR has formed a diversified brand development strategy represented by YOUNGOR, Hart Schaffner Marx, MAYOR and HANP. It has built a multi product, multi class and serialized product structure system that runs across high-end, high-end customization and Chinese hemp products, and explores the launch of children's wear products, and plans to turn to the whole category to expand the brand strategy.