Youngor Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:26 pm EDT
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Youngor Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,899.838 million compared to CNY 3,894.869 million a year ago. Operating income was CNY 724.275 million compared to CNY 1,179.198 million a year ago. Net income was CNY 587.384 million compared to CNY 1,033.166 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.22 a year ago.
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.