Metersbonwe'S Financial Report In The First Quarter Of 2021

Recently, mattersbonway clothing released its first quarter financial report in 2021. The financial report showed that the company's operating revenue during the reporting period was 797 million yuan, a sharp drop of 13.4% year-on-year; The net profit attributable to the parent company was 121 million yuan, and the net loss after deducting non-profit also narrowed to 169 million yuan; As soon as the announcement came out, the ring closed on April 29, and the share price of Meibang clothing rose 10% to 3.29 yuan, with a market value of about 8.3 billion yuan.

Although the business income of Meibang clothing fell so much year on year, thanks to the effective cost control of Meibang clothing and the sale of some assets, it successfully turned losses into profits and made a net profit of more than 100 million yuan.

In mid April, Meibang clothing published its 2020 performance report. The report showed that the total revenue of Meibang clothing in 2020 was 3.819 billion yuan, a sharp drop of 30.1% year-on-year; The net loss was as high as 854 million yuan, while in the annual report of 2019, Meibang clothing also lost 825 million yuan.

Over the past two years, the company lost nearly 1.7 billion yuan, plus 3.4 billion yuan in debt. Meibang clothing has been scarred. As for the severe performance decline in 2020, Meibang clothing once explained that it was seriously affected by the epidemic, and the closing loss of offline stores brought negative revenue impact to the company.

For the first quarter of 2021, Meibang clothing explained that it sold its shares in Shanghai Mold Industry Co., Ltd. In short, the income of Meibang clothing in the first quarter of 2021 is maintained by the sale of real estate, that is to say, after deducting the income from the sale of real estate, Meibang clothing is still in a deficit state in the first quarter.

However, Meibang clothing is still on the road of self-help. In recent years, Hanfu has been loved by a large number of young people. Traditional elements have become the favorite elements of young people. Meibang clothing is running on this road. Through refining the traditional clothing elements and improving the pattern, we jointly launch the joint name ancient style clothing with domestic fashion brand designers.

In addition, MetS Bonwe also emphasizes its commitment to the inheritance of intangible cultural heritage embroidery. Meite clothing will reproduce the charm of embroidery with modern technology in its series of products, and show the ancient charm of embroidery on the body of the people.

"MetS Bonwe" is a local leisure wear brand independently established by MetS Bonwe group. Mets bonway Group Co., Ltd. was founded in 1995 in Wenzhou, Zhejiang Province, China. It is mainly engaged in the research, development, production and sales of MetS Bangwei brand leisure series. The brand name embodies the national brand plot that Mr. Zhou Chengjian, the founder of the group, will never forget and has a special love for the clothing culture. Under the care and support of all walks of life and consumers, MetS Bonwe group has developed rapidly.

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