The Retail Terminal Shrinks And The Net Profit Is Down Nearly 90% In The First Three Quarters.

In the evening of October 30th,

The data shows that

But the shareholders who are listed in the period belong to the listed company.

。

The company says it leads to shareholders belonging to the listed company.

There are five reasons for this:

Due to the rising cost of production factors, such as raw materials and labor costs, the output of independent brand of the company has declined compared with the same period last year, resulting in a rise in fixed manufacturing costs allocated by unit cost.

The company provides subsidies, merchandise discounts and other supporting policies to dealers instead of short-term financial support, further reducing the gross profit of the brand.

The laying of retail stores under the international brand line of Jerry's line led to an increase in operating costs during the reporting period.

The operation and R & D of new brands result in higher management fees and R & D costs.

The rising cost of finance has made financial costs continue to rise.

In addition,

The shrinkage of the main brand in the retail terminal is also very serious. The data show that during the reporting period, there were 437 new stores and 725 closes.

Among them, in order to integrate store resources, the company has promoted sales cooperation with direct distributors of some regional distributors this year. Through repurchasing some of the dealers' inventory and converting the distributors' independent channel shops into direct outlets, the company has added 79 new stores in the reporting period.