Net profit in the third quarter of Saturday fell sharply, down 213.63% year-on-year.

On October 25th, the “First Women’s Shoes” Saturday Co., Ltd. (hereinafter referred to as “Saturday”) announced that it achieved revenue of 403 million yuan in the third quarter, a year-on-year increase of 16.40%; net profit attributable to shareholders of listed companies – 9.77 million yuan, down 213.63%.

It is worth noting that although its third-quarter results fell sharply, its overall net profit for the first three quarters increased slightly. The company achieved operating income of 1.139 billion yuan in the first three quarters, which was basically the same as last year. In the first three quarters, the net profit attributable to shareholders of listed companies was 19.73 million, a slight increase of 2.77% year-on-year.

In addition, the 2018 annual operating results were estimated in its earnings report on Saturday. The data shows that the net profit margin attributable to shareholders of listed companies is expected to reach 0-30 million yuan on Saturday in 2018, which is expected to turn losses into profits compared with the same period last year.

On Saturday, the main reason for the change in performance was that the company adjusted the channel structure in recent years. The newly opened brand collection store “SATURDAY MODE” was in good condition. The fashion Feng Xun and Beijing Shixin’s performance was in line with expectations and brought positive results to the company’s operating results. effect.