Youngor Fashion's H1 Profit Slips 8%, Revenue Falls 11%; Shares Down 2%

MT Newswires Live09-01

Youngor Fashion's (SHA:600177) net profit attributable to shareholders in the first half slipped 8% year on year to 1.72 billion yuan, or 0.37 yuan per share, according to a Shanghai bourse disclosure on Saturday.

The Chinese fashion company's shares dropped less than 2% during Monday's afternoon trade.

The attributable profit a year earlier was 1.87 billion yuan, or 0.40 yuan per share.

Operating revenue fell 11% to 5.11 billion yuan from 5.71 billion yuan in the preceding year.

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