三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Cosmo Lady sees sales growth in 2020

By Qiu Quanlin in Guangzhou | chinadaily.com.cn | Updated: 2021-04-02 17:26
Share
Share - WeChat
Sui Ka Lok, chief executive officer of Cosmo Lady, shares the company’s market strategy during a recent business meeting with retail partners in Shenzhen, Guangdong province. [Photo provided to chinadaily.com.cn]

The gross profit margin of Cosmo Lady, one of the largest intimate wear enterprises in China, increased 26.2 percent year-on-year in 2020, according to the company's annual financial report.

"The increase was primarily due to continued implementation of a transformation plan for improvement of supply chain management, product operating and merchandising capabilities to lower cost and improve gross profit margin," said Sui Ka Lok, chief executive officer of Cosmo Lady.

Drops in the cost of raw materials and sales of aged inventories, with full provisions already made at a large discount to overseas markets in 2020 were also reasons for the company's gross profit margin increase, according to Sui.

"Affected adversely by the global trade disputes and the outbreak of the COVID-19, the first half of 2020 was exceptionally tough for the retail industry," Sui said.

Additionally, there had been keen competition in China's intimate wear market, which continued to undergo structural adjustments in sales channel diversification, product quality and mix of products.

"A series of measures, including stepping up efforts on clearing aged inventories, developing online new retail and launching new competitive products, helped us maintain business growth," Sui added.

According to the company's annual report, Cosmo Lady's sales revenue reached 3.057 billion yuan ($470 million) in 2020, with its gross profit margin increasing to 48.8 percent.

The Hong Kong-listed company expects to maintain a sales increase in 2021.

"We have shifted our focus from selling aged inventories to producing new products tailored for consumers, which is more practical, functional, comfortable, healthy and higher value-for-money," Sui said.

In a recent order meeting for spring and summer products held in Shenzhen, Guangdong province on March 28, orders from the company's retail partners increased more than 30 percent year-on-year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲最大网站在线 | 欧美成人高清乱码 | 亚洲综合欧美综合 | 亚洲高清日韩精品第一区 | 大人和孩做爰h视频在线观看 | 国产黄频在线观看高清免费 | 国产精品久久久久久福利漫画 | 成人黄网18免费观看的网站 | 亚洲精品一区二区手机在线 | 玖玖在线免费视频 | 91精品视频在线观看免费 | 全免费午夜一级毛片真人 | 国产精品成熟老女人 | 尤物视频免费观看 | 久久永久免费中文字幕 | 欧美成人精品第一区 | 久久经典免费视频 | 在线观看国产精品一区 | 亚洲国产综合专区在线播一一 | 久久成人国产精品免费 | 免费看的毛片 | 欧美啪啪网站 | 免费看黄色片视频 | 91青青青国产在观免费影视 | 可以看毛片的网址 | 伊人久久丁香色婷婷啪啪 | 成人国产在线观看 | 欧美视频一区 | 国产在热线精品视频国产一二 | 久久久99精品免费观看精品 | 日本成a人片在线观看网址 日本成人一区二区 | 一级做一级爱a做片性视频视频 | 午夜亚洲视频 | 99热国产这里只有精品9九 | 特级毛片aaaa级毛片免费 | 亚洲欧美综合 | 国产精品欧美亚洲韩国日本久久 | 精品啪啪 | 国产精品日日做人人爱 | 在线观看欧美日韩 | 一级特黄录像绵费播放 |