Taiwan brand children's baby Li Yingfei profit growth in the Chinese market 20%

Li Ying Fang (2911) in mainland China last year, more than 300 exhibition stores last year, revenue growth of 42% in mainland China, profit growth of about 10%; this year continued exhibition shop, the Mainland is expected Li Ying room this year revenue growth of 30%, profit growth 20%. China Li Ying Fang is the main source of profit for its parent company. Due to the continuous profit growth this year, it is expected that the growth momentum of its parent company will be lifted. Li Ying-baby last year, China opened more than 300 stores, the total number of branches to about 1190, Li-Ying China Annual revenue last year, 700 million yuan, up 42% over the previous year, net profit after tax of 49 million yuan, up about 10% over the previous year, Contribution of nearly 240 million yuan Li Ying infant profit, for the Li Ying Fang's "Golden Rooster." Li infant room is expected to show booths in Taiwan this year within 10, revenue growth target for the single-digit percentage. In the mainland market, due to the slowing down of economic growth this year, Li Ying Fang slightly slowed down this year's exhibition program in mainland China is expected to set a new 200 to 250 this year, the total number of over 1,400 stores, single-store sales are expected to grow, will This year, the revenue from Li-Ying Housing in China will grow by 30% to RMB900 million. The profit-making annual growth rate will exceed 20%, reaching RMB599 million. This will contribute to the profit of nearly RMB290 million for Lianying's parent company in Taiwan. Corporate estimates, Li Ying room after-tax net income of 2.5-2.7 billion this year, net income per share of about 1.5-1.7 yuan.

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