Seven Wolves Rose 18.5% Net Profit Last Year, Earning 1 Billion 300 Million Yuan Online.

002029.SZ, Fujian, has a net profit of RMB 316 million 600 thousand yuan (RMB yuan) for the previous year, rising 18.48% year on year, and 267 million 100 thousand yuan in 2016.

30.11% to 175 million 400 thousand yuan.

During the reporting period, the total revenue of Fujian wolves was 3 billion 84 million 900 thousand yuan, up 16.87% from 2 billion 639 million 600 thousand yuan in 2016.

394 million 200 thousand yuan, up 30.52% from 302 million yuan in 2016.

In 2017, Fujian's seven wolves online revenue reached 1 billion 300 million yuan, an increase of more than 30% over the same period. At the same time, the income of needle spinning products exceeded 1 billion yuan.

Fujian seven wolves said that under the impetus of the three major sections, namely, online, electronic business and needle spinning, the company's internal fission Division also developed a good momentum in 2017, including the self incubation of "Wolf Totem", which opened the first store in Shanghai during the reporting period, and stepped out of the important step of "multi brand internationalization".

In 2017,

The seven wolves also carried out an important external brand investment, which cost 240 million 300 thousand yuan to acquire 80.1% of the Karl Lagerfeld Greater China Holdings Limitedd (hereinafter referred to as "Holdings") of Karl Lagerfeld Holdings Limited (BVI).

Fujian company said that the group will continue to implement the "wholesale to retail" main keynote and focus on the core strategy of "industry + investment".