Youngor Fashion'sn H1 Profit Falls Nearly 10% as Revenue Slips

MT Newswires Live

2024/09/02

Youngor Fashion's (SHA:600177) attributable profit fell 9.7% to 1.87 billion yuan in the first half from 2.06 billion yuan in the year-ago period, according to a Saturday filing with the Shanghai Stock Exchange.

Earnings per share at the Chinese fashion company decreased 11% to 0.40 yuan from 0.45 yuan in the previous year.

Operating income declined 2.8% to 5.71 billion yuan from 5.87 billion yuan a year earlier.

Shares closed 2% lower during Monday's trading.

Price (RMB): Â¥7.11, Change: Â¥-0.12, Percent Change: -1.66%

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