Hundred Round Pants Industry 2011 Annual Performance Increased By 40%-60%

Shanxi hundred round pants industry chain operation Limited by Share Ltd (100 yuan) Trousers industry 002640) released the 2011 year yesterday. achievement Notice that 2011 performance compared with the same period in 2010 increase 40% to 60%.

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It is worth noting that in the first trading day of the announcement of the performance notice, the hundred circle trousers industry announced that it received 7 million 463 thousand and 400 yuan from the Taiyuan municipal government and the Shanxi Provincial Department of finance, and received the support fund of Taiyuan Yingze science and Technology Bureau Information System Project 1 million yuan. The government award is taken as the company's extra business income and is included in the current profit and loss for 2011. "

Data show that the net profit attributable to shareholders of Listed Companies in 2011 was 60 million 817 thousand and 200 yuan to 69 million 505 thousand and 400 yuan, while the net profit in 2010 was 43 million 440 thousand and 800 yuan. As a result, the performance increase of 28.63% to 42.95% is contributed by the listed awards, excluding the listed reward and the support funds of 1 million yuan, and the performance of the 100 circles trousers industry increased by 28.63% to 42.95%.

The main reason for the growth is the growth of sales volume and the adjustment of product price structure. Besides, the government's listed bonus funds also increase the net profit attributable to shareholders of listed companies.

The main business of 100 round pants is that through the franchise chain mode of franchising and direct sales, through the brand promotion, terminal channel construction, product design and development and supply chain management, we organize the wholesale and retail of the company's own brand 100 circle trousers. The products include men's trousers, casual pants and jeans. As of the end of 2011 6, we have direct and franchised stores. There are 1597 stores, covering 27 provinces, autonomous regions and municipalities directly under the central government.

The 100 round trousers industry was listed on the first day of December 8, 2011, and the stock price fell by 36.52% compared with the closing price on the first day of yesterday, at the closing price of 18.41 yuan / share yesterday.