V-Grass Fashion Co.,Ltd. Provides Earnings Guidance for the Three Quarters of 2018
October 11, 2018
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V-Grass Fashion Co.,Ltd. provided earnings guidance for the Three Quarters of 2018. For the quarter, the company predicts an increase of between RMB 70.93 million and RMB 82.27 million in its net profit owned by shareholders of the listed company in the three quarters of 2018 compared with the same period of the year before, with a year-on-year increase of between 125% and 145%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 18.02 million and RMB 30.04 million compared with the same period of the year before, with a year-on-year increase of between 30% and 50%.
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. 
