Langzi shares issued a quarterly report in 2013, the reporting period, the company operating income of 369 million yuan, an increase of 16.79%; attributable to shareholders of listed companies net profit of 85,889,400 yuan, an increase of 9.48%; non-deducting non-net profit For 83,635,000 yuan, an increase of only 3.48%.
Compared to the "First Lady concept stocks," the share price rose, Langzi shares performance did not make the corresponding rise, but has been to maintain low growth. Prior to the company's 2012 annual report released in the show, the company achieved operating income of yuan, an increase of 33.63%; net profit of 231.29.07 million yuan, an increase of 10.85%. That same time, Langzi said that in 2012 China's garment industry is a very difficult year, the turnover of a certain amount of decline over 2011. The public coverage, many large-scale garment manufacturers in response to the impact of the shop have shut down to control costs. However, Langzi shares contrarian expansion, new stores in 2012 133, a total of 521, of which 106 stores, a total of 292, the store growth rate of 34%.
Insiders said Portland shares stores contrarian expansion has a certain risk, will have tremendous pressure on its follow-up funding chain.
However, it is noteworthy that Langzi shares recently began to continue to buy financial products to use their own idle funds. Earlier, the Company passed the "Proposal of Using Idle Raised Funds to Buy Capital Preservation Financial Products" and the "Proposal of Using Preserved Capital to Buy Preserved Capital Products" and agreed that the Company and its controlled subsidiaries should use part of their own idle funds and idle funds Purchase guaranteed financial products and other means of wealth management investment, the total amount of capital use does not exceed 1.2 billion yuan, within the quota, the funds can be used on rolling.
April 10, 2013 The Company purchased 160 million yuan of bank financing products from Shanghai Pudong Development Bank using idle raised fund of 160 million yuan. The evening of April 24, the company once again announced the use of its own idle funds 16 million yuan to the Shanghai Pudong Development Bank to buy a bank financial products.
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