Seven Wolf Net Profit Of 126 Million In The First Quarter

Recently, Seven wolves Its quarterly report was disclosed. Quarterly reports showed that the net profit of seven wolves in the first quarter of 2011 was 126 million yuan, an increase of 36.03% over the same period and a profit of 0.45 yuan per share.

The report said that during the reporting period, seven wolves operating income of 750 million yuan, an increase of 28.97% over the same period, mainly due to the company Order As a result of the increase in operating income and the acceleration of supply chain reaction, the reporting period has a certain degree of advance delivery compared with the same period last year. The net profit increased over the same period last year, mainly due to the profit of the seven wolves, while the parent company was identified as a high-tech enterprise and the income tax rate dropped to 15%.

Seven wolves predict that net profit in 2011 will increase by 15%~30% over the same period last year, compared with 124 million yuan in the same period last year.

It is reported that 2011 will be a year of seven wolves' sprint. CITIC Securities Research Report said that after a meticulous management of seven wolves, the company's internal strength has been significantly improved. Citic securities analysts believe that the current seven wolves channel inventory at a relatively low level of history, part of the provincial agents "inventory / sales" less than 10%, cash expansion and abundant power. It is believed that the company will restart its rapid expansion in 2011. To achieve this goal, the seven wolves will cooperate with more active subsidy measures and make use of foreign acquisitions. brand And other ways to increase the number of direct outlets in department stores. CITIC Securities raised the stock price target of seven wolves to 39 yuan, maintaining a "buy" rating.

It is understood that at present, seven wolves are stepping up efforts to upgrade the image of terminal stores and vigorously expand their sales channels throughout the country. After this round of efforts, the next seven years will enjoy a period of rapid growth and development in the next 3-5 years. A person familiar with the operation of the seven wolves said that the seven wolves will continue to develop rapidly in the coming period.