Smith Barney Apparel Net Profit In The First Quarter Of 38 Million 350 Thousand Yuan, Down 24%, Net Cash Flow Was 250 Million Yuan.

Mei Bang dress (002269) released the first quarter 2019 report, the announcement shows that during the reporting period to achieve revenue of 1727614244 yuan, down 20.68% over the same period, attributable to shareholders of listed companies net profit of 38348040 yuan, down 23.92%.

Up to the end of the reporting period, the net assets of American state owned apparel belonging to shareholders of listed companies were 2915934517 yuan, an increase of 1.33% over the same period last year, and net cash flow from operating activities was 248312086 yuan, an increase of 3.89% over the same period last year.

The net cash flow generated by our business activities increased by 3.89% over the same period, mainly due to a decrease in operating expenses over the same period last year.

Statistics show that the United States is committed to brand building and promotion, marketing network construction and supply chain management, organizing its Metersbonwe, ME&CITY, Moomoo, ME&CITYKIDS, CHIN Kei and other brand fashion casual wear products design and sales, and through offline store channels and Internet e-commerce platform to carry out the promotion of its own brand and related fashion and leisure goods sales.