China sporting goods group Lining Co. Ltd. (2331.HK) announced on Sunday, the sports brand to sell the group's Double Happiness?? hi to 10% stake in the company's major shareholders extraordinary Chinese (8032.HK), the price of 124992000 yuan, about 125 million yuan, after the sale of Lining continued to have a 47.5% stake.
, according to Li Ning Co, the proceeds will be used for further development of product development and distribution channels for the group's major brand, Li-Ning Lining. According to the announcement of
double happiness group as of December 2014 31 of the audited net asset value of 304649956 yuan, and minority interests after the net profit of 94197867 yuan.
(8032.HK) China extraordinary Lining group and Lining brand founder and former gymnast Lining Lining holds the actual holding company, issued 66.5% shares, and extraordinary China (8032.HK) indirectly held by Lining (2331.HK) issued 15.88% shares.
Li Ning Co after restructuring efforts, in the first half of 2015 revenue recorded steady growth, operational efficiency has also been enhanced, the medium-term loss narrowed sharply, the group is expected to resume profitability throughout the year.
by the retail and wholesale store sales were made with high double digits and high single digit growth in the first half, an Retro jordans for sale d restart the expansion plan make point of sale for the first time since 2011 recorded a net growth of double drive in the two quarter, Lining (2331.HK) in the first half revenue rose 16.1% to 3 billion 641 million yuan (RMB, same below), the Lining brand revenue increased 17% to 3 billion 127 million yuan, increased by 10.4% to 454 million yuan double happiness brand. Before
, EBITDA, interest tax, depreciation and amortization, the profit turned to 260 million yuan, compared with a loss of 350 million yuan in the same period of last year. Net loss dropped from 586 million yuan to 29 million 407 thousand yuan from the same period of last year, a record Cheap air jordan 12 ovo loss of 6 consecutive six months, a loss of 1.55 points per share, not to pay interim dividend. Gross profit margin was 44.9%, up 30 basis points over the same period last year, 44.6%.
significant improvement in inventory in the first half, operating cash flow recorded positive inflows, reaching 165 million yuan.
group said that five core categories of retail water flow in the first half of double-digit growth, of which recorded a 43% increase in the most prominent category of basketball. And in the sales point expansion, the first half of 42% new sales point in the lower permeability of the southern region, the national sales increased to 5745 poin cheap jordan shoes for men ts, the group said there is a letter with the Kameido Fashion Night Awards held successfully, 2007 China shoes are international procurement section also successfully concluded, just three days of the exhibition, Chengdu shoes signed orders has exceeded $ten million. Giorgio, Fabiani and several other Italy brands have successfully found agents in China, and China's biggest shoe factory, Huajian group and Spain shoe manufacturers, has expressed great interest in investing in Chengdu.this is not the first time Nike football shoes elements into the streets of the shoes, as early as in June on the Mercurial Superfly HTM Free we have seen. Overwhelmed b cheap jordans for sale y the free Hypervenom mid in the design still uses biased high to help the appearance, equipped with Free3.0 outsole and uppers is to create a new skin of fabrics, in detail, followed by the use of the 3M reflective material modification, shoe body inclined large Swoosh in solid presentation seems to be if the hidden if the feeling. At present, the shoe has been on sale in the Chinese version of the nike.com, priced at 899 yuan. more the latest shoes running shoes, NBA anecdotes and sports knowledge, please pay attention to the most Niubi sports equipment community [when off], microblogging search "when off, micro channel search dunkhome and extra welfa Retro jordans for sale re wayward send.vitality stripe In order to welcome the arrival of spring and summer of 2014
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