Insist main businesses are not relaxed
As a leading textile and apparel industry, Youngor diversification in 2007 can be described as remarkable results. At present, the company has basically established textile, real estate and equity investment were the main industry.
Guotai Junan study the evaluation of the Younger: The company continued to grow the business, Omega Watches For Sale
diversified business structure will help to withstand fluctuations in the economic cycle.
It is reported that Younger main business revenue last year, 7.034 billion yuan, up 14.78 percent over the Breitling Watches
previous year, net profit of 2.476 billion yuan, up 220.45 percent.
The main products in addition to a larger increase in clothing, the Younger available for sale financial assets opening balance of 4.369 billion yuan, ending balance of 16.497 billion yuan, achieving a surplus of 12.128 billion yuan float.
Last year, the Younger to achieve the real estate tourism revenues 2.185 billion yuan, becoming an important part of corporate income.
Gold company in the recent report on the Younger’s research, the company in 2008 strong growth in operating performance. Textile Clothing and pan in real estate business are able to profit growth in 2008, ushering in the peak, in 2008 the company expected operating profit growth of 50%.
Among them, textile and apparel segment is expected to reach the 2008 net profit growth of 28.5%, 11% of companies from Malaysia, the rest of the growth of existing businesses. 2009 ~ 2010, on Malaysia’s integration and development of retail brands is expected to promote textile and apparel business is expected to get 20% profit growth.