Youngor Group Co., Ltd. Provides Earnings Guidance for the Year of 2017
January 29, 2018
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Youngor Group Co., Ltd. provided earnings guidance for the year of 2017. For the year, the company expects a decrease of about RMB 3,329.58 million in the net profit belonging to shareholders of listed company, with an increase of about 90% 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 about RMB 620.4 million, with an increase of about 26% compared with the same period of the year before.
Youngor Fashion Co Ltd, formerly Youngor Group Co Ltd, is a China-based company, principally engaged in the production of apparels, the provision of clothing original equipment manufacturer (OEM) services, as well as property development. The Company's main products include shirts, western-style clothes, pants and tops. The Company distributes its products under brands named YOUNGOR, Mayor, Hart Schaffner Marx and GY, among others. The Company mainly operates its real estate business in Ningbo, Suzhou, Hangzhou, Shanghai and other cities of China.