Youngor Group Co.,Ltd Reports Earnings Results for the Fourth Quarter Ended March 31, 2019
April 29, 2019 at 01:19 pm EDT
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Youngor Group Co.,Ltd announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was CNY 2,578.105 million compared to CNY 1,681.660 million a year ago. Operating income was CNY 877.738 million compared to CNY 651.505 million a year ago. Net income was CNY 753.868 million compared to CNY 509.284 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.14 a year ago. For the full year, sales was CNY 9,635.479 million compared to CNY 9,839.528 million a year ago. Operating income was CNY 4,293.601 million compared to CNY 697.945 million a year ago. Net income was CNY 3,676.929 million compared to CNY 296.731 million a year ago. Basic earnings per share from continuing operations was CNY 1.03 compared to CNY 0.08 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.