[caption id="attachment_2604" align="alignright" width="150" caption="Photo by Hythe Eye"][/caption]
Revenue +19.31%
Cost of sales +29.31%
Gross profit +6.2%
Selling and distribution expenses +42.5%
Profit after tax 38,022 (-38.69%)
Cash and equivalent 208,097
Current liabilities 182,456
Amount repayable in one year 14,426 + 41,008
Cash generated from operation 95,753
EPS 9.58 RMB cts (from 15.63 last year same period)
Revenue continue to increase, the company still on the growth track. Gross margin decreased to 38.5% from 43.3%. The retail competition is fierce. Expenses increased because of continue store expansion. But the cost escalation is at alarming level. Read more...