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Cost Pressures Rise, BELLE'S Price Rises In The Second Half

2010/8/25 18:44:00 76

Women'S Wear

  

Since the beginning of this year, the cost pressures of mainland enterprises have increased, and women's shoes and sportswear producers and sellers have risen.

BELLE

International (market, information, commentary) (1880) price increases have been made in the first half of this year. Sheng Bai Jiao, group chief executive, said that as the price of leather materials increased and the labor costs of the mainland continued to increase, and the inflation continued in the second half of the year, the price of the products would continue to grow moderately, but he did not disclose the price increase.

Yesterday, the stock fell 1.541% from the big market and closed at 12.78 yuan.


The strong consumer sentiment in the mainland led to the growth of BELLE's same store sales in the first half of this year.

Group year

Sale

The volume increased by 20% to 11 billion 152 million yuan (RMB) in the same year. As a result of the growth of footwear business with a gross margin of 68.4% and faster than the gross profit margin of 36.1% of sports products, the former recorded an increase of 26.5%, while the latter increased by 10.9%.


Sheng Bai Jiao believes that the growth of the same store sales of footwear business in the second half of this year will be over 15%, while that of the first half will reach 18%, while that of sports products will be 4% in the first half of the year, and the same in the second half.


According to Sheng Bai Jiao, in the first half of the year, the price of the products has been raised in the first half of the year when labor costs rise. In the second half of the year, the increase in raw material prices will account for three percentage points of the total cost.


He expects that production costs will be delayed by the rising price of leather materials in the first half of the year, and the continuing cost of labor.

high pressure

Therefore, there will be no room for further increase in gross profit margin in the second half of this year.


BELLE will be formally incorporated into the Hang Seng Index constituent stocks since September 6th. It has become the first Hong Kong invested enterprise to dye blue in the past four years, and the share will be 0.99%.


In order to celebrate the ideal of performance and become a blue chip investor, the board of directors of the Group intends to issue an interim dividend of 5 points, with a special dividend of 10 points.

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