V-Grass Fashion Co.,Ltd. Provides Earnings Guidance for the First Quarter of 2018
April 01, 2018
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V-Grass Fashion Co.,Ltd. provided earnings guidance for the first quarter of 2018. For the quarter, the company predicts that the net profit belonging to shareholders of the listed company in the first quarter of 2018 will increase by between RMB 29.65 million and RMB 35.58 million with an increase of between 100% and 120% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 48.68 million and RMB 51.31 million with an increase of between 370% and 390% compared with the same period of the year before.
Jinhong Fashion Group Co.,Ltd., formerly VGRASS Fashion Co. Ltd., is principally engaged in the design, manufacture and distribution of branded lady's apparels. Through the operation of proprietary shops, the Company mainly deals with fashion lady's apparels under the brand named VGRASS. The Company provides apparels, including dresses, pants, coats, shirts, skirts, cotton coats, down garments and windbreakers, among others; knitted products, including sweater series products, as well as accessories, including bags, jewelries and scarf , among others. The Company is also engaged in manufacture and sales of handicrafts under the brand named Yunjin. Its products include handicrafts, fabrics, apparel and others.
JINHONG FASHION GROUP CO.,LTD. 
