In The First Quarter Of 2019, The Net Profit Increased 11% And Nearly 21% Last Year.

In the evening of April 29, 2019, China's high-end local women's clothing brand ELLASSAY, the Shenzhen singer's clothing Limited by Share Ltd (hereinafter referred to as "the song") released the first quarter performance report in 2019.

According to the results of the financial report, we realized that the operating income of the company was 623 million yuan, up 8.32% from the same period last year, and the net profit of the shareholders belonging to the listed company was 89 million 163 thousand and 200 yuan, up 11% from the same period last year. It has maintained double-digit growth for ten consecutive quarters.

In this regard, Xia Guoxin, chairman of the company, said that such a gratifying achievement was mainly due to the continuous increase of R & D investment in the brand and the synergy sharing at the group level.

At the same time, the cost of research and development in the first quarter of 2019 was increased by 23.42% compared with that in the first quarter of the year, and the research and development cost of the 2018 annual report just released by the company has been raised to nearly 80 million yuan.

It is understood that as of the end of 2019 3, IRO opened 15 stores in China, all of which are direct outlets.

During the reporting period, IRO brand grew rapidly in China, and its performance grew rapidly. Regional revenue in mainland China amounted to 16 million 808 thousand and 100 yuan, up 270.74% from the same period last year.

Xia Guoxin also revealed that the company will continue to identify new brands, enrich the brand portfolio, and build the company into an internationally competitive high fashion brand group.

In addition, thanks to the implementation of multi brand strategy, its revenue increased 18.66% to 2 billion 436 million yuan in 2018, and the net profit attributable to shareholders of listed companies rose by 20.74% to 365 million yuan, with gross margin of 68.21%.

Among them, the core brand ELLASSAY of the company has increased 4.32% to 1 billion 4 million yuan, and 30 new stores will be added this year. Laur L's revenue is 111 million yuan, up 14.05%.

And Ed Hardy operating income amounted to 498 million yuan, an increase of 14.16%; IRO business income of 567 million yuan; VIVIENNE TAM operating income of 9 million 970 thousand yuan.

It is reported that compared to the beginning of the listing, the net profit attributable to shareholders of Listed Companies in the three years has been greatly increased from 159 million yuan to 365 million yuan, and the compound growth rate of three years has reached 31.92%.

This time, he also made a large proportion of dividends for the first time, and sent 5.25 yuan for every 10 shares, giving a total dividend of 175 million yuan.

It is worth mentioning that the ELLASSAY brand, the main brand of the song, was first integrated into the championship of the high-end women's clothing market in 2018.