Interpretation of ESG Annual Report|Musang Group Holdings (01817) Releases 2023 ESG Report Implementing Environmental Protection Concepts and Providing Sustainable Fashion Choices
Recently, Musang Group Holdings (01817) released the “2023 Environmental, Social and Governance Report”. The group ensures the implementation of a green development strategy by fulfilling its environmental responsibilities and implementing environmental standards throughout the entire product life cycle.
慕尚集團控股:年報 2023
“Commuter Menswear” won the first battle. Musang Group (01817.HK)'s net profit increased by nearly 300%, and GXG's gross margin reached 54%
In this sense, the Musang Group is indeed gradually reaching the top of the trend.
Musang Group Holdings (01817) announced 2023 annual results, profit attributable to shareholders of 395.67 million yuan, a year-on-year increase of 218.34%
Musang Group Holdings (01817) disclosed the 2023 annual results announcement. The company achieved revenue of 23.2 during the reporting period...
MULSANNE GROUP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Mulsanne Group to Boost 2023 Profit by Up to 300%
Mulsanne Group Holding (HKG:1817) expects an after-tax profit of between 30 million yuan and 40 million yuan for the year 2023, up 200% to 300% from 9.4 million yuan in 2022, a Monday filing on the Ho
Musang Group Holdings (01817) Fa Yingxi expects annual profit after tax to increase by about 200% to 300% year-on-year
According to the Zhitong Finance App, Musang Group Holdings (01817) issued an announcement. It is expected that profit after tax for the year ending December 31, 2023 will be between RMB 30 million and RMB 40 million, while profit after tax for the same period in 2022 is RMB 9.4 million, an increase of about 200% to 300% over the previous year. The main reasons for the increase in profit after tax include: an increase in sales revenue for the company's main brand GXG; and a significant improvement in the performance of the Group's offline retail channels.
Musang Group Holdings (01817.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui, March 18, 丨 Musang Group Holdings (01817.HK) announced that the company will hold a board meeting on March 28, 2024 to adopt the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the payment of a final dividend (if any).
GXG launches “Cold Winter Offensive”! When will the reversal time for Musang Group (01817.HK) arrive?
“Watching the weather and eating” is not only a characteristic of agriculture; even the clothing industry, which sells clothes all year round, now relies on “weather and location advantage” to create a favorable environment and conditions. As far as the latter is concerned, the difference between a “cold winter” and a “cold winter” year without a “cold winter” is not one and a half stars. In addition to the “selling season one year, one season at the top of the year,” in the capital market, the author has seen with my own eyes that many clothing chains, even the current few leading brands, all stand out from the “cold winter” of a certain year, and then enter a high-speed channel of development. The industry I would like to call “cold winter burgers
MULSANNE GROUP: Interim Report 2023
The net profit of Musang Group (01817.HK) surged by 419.62%, and the gross profit margin of GXG and offline self-employed companies reached a record high
In 2023, the menswear circuit seems to present a more definite structural opportunity. Overall, the recovery trend in the apparel industry is relatively obvious. According to data from the National Bureau of Statistics, in January-July, total retail sales of clothing, shoes, hats, and knitted textiles increased 11.4% year-on-year, far exceeding the zero growth rate of the Society (5.9%). Moreover, the increase in business commuting and outdoor activity scenarios is driving the menswear category to recover faster, and its performance is superior to that of the industry as a whole. At the same time, the menswear industry has an excellent pattern, and some menswear brands are actively transforming. By adjusting product styles to make them more suited to the needs of young people, achieve resonance between external and internal forces, and stimulate more performance vitality. Since it has been disclosed
MULSANNE GROUP: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
GXG brand under Musang Group (1817.HK) joins hands with top class Gong Jun to accelerate “cognitive renewal”
Glonghui, August 29 | GXG brand official, a subsidiary of Musang Group (1817.HK), announced that Gong Jun is the global brand ambassador. This can be said to be another “heavy chess” step for GXG to advance the new “commuter menswear” strategy. Essentially, the more compatible the spokesperson and brand genes are, the more unified the content and impression perception are, and the more persuasive the brand communication is. The image and quality presented by Gong Jun are very compatible with GXG's brand connotations. For example, Gong Joon's fashion style is unique and bold, and this is the case with GXG's design genes. At the same time, Gong Jun's commercial value can be seen, and it is expected to help GXG achieve flow
Musang Group Holdings (01817.HK) will hold a board meeting on August 30 to approve the interim results
Glonghui, August 18, 丨 Musang Group Holdings (01817.HK) announced that the company will hold a board meeting on August 30, 2023 to consider and approve the Group's interim results for the six months ended June 30, 2023 and their publication, and consider paying an interim dividend (if any).
MULSANNE GROUP: DATE OF BOARD MEETING
Mulsanne Expects Profit to Rise Up to 30 Million Yuan in H1 From 4.2 Million Yuan
Mulsanne Group Holding (HKG:1817) expects its profit to balloon to 25 million yuan to 30 million yuan in the first half from 4.2 million yuan in the year-ago period, a Thursday filing said. The higher
Musang Group Holdings (01817.HK) Yingxi: Expected mid-term after-tax profit of 25 million to 30 million yuan
On August 17, GLONGHUI | Musang Group Holdings (01817.HK) announced that the profit after tax exclusion for the six months ending June 30, 2023 will be between RMB 25 million and RMB 30 million, while the profit after tax exclusion for the same period in 2022 will be RMB 4.2 million. According to the announcement, the main reasons for the increase in profit after tax include: (i) the recovery of offline consumption by customers, combined with the improvement in the operational efficiency of offline consumption channels; (ii) the successful implementation of the Group's brand promotion initiatives; and (iii) tightening product discounts and cost management.
MULSANNE GROUP: INSIDE INFORMATION POSITIVE PROFIT ALERT
Changes in Hong Kong stocks: clothing stocks generally rose, and Musang Group Holdings closed up 4.55% in half a day
On July 27丨Clothing stocks generally rose. Among them, Muschamps Group Holdings (1817.HK) closed up 4.55% in half a day to HK$2.3. According to industry news, a number of textile and garment companies announced preliminary increases in interim results. Golix's revenue growth rate was impressive, with revenue growth of +17% in the first half of the year, of which +30% was in the second quarter. Based on improvements in operating quality and inventory levels this year, Sunbird, Coleus, and Semir Apparel are expected to have high net profit elasticity in the second quarter. Guoxin Securities recently published a research report stating that a number of textile and garment companies are forecasted to increase their mid-term performance and are optimistic about the short-term fundamental rebound and long-term competitiveness of leading performers.
Guoxin Securities: A number of textile and garment companies reported an interim performance increase, optimistic about the short-term fundamental rebound and long-term competitiveness of leading performers
The Zhitong Finance App learned that Guoxin Securities released a research report stating that since July, the textile and garment sector of Hong Kong stocks has performed well, and is optimistic about the short-term fundamental rebound and long-term competitiveness of leading performers. 1. Key recommendations for branded apparel: ① Hong Kong stocks, steady turnover growth, benign discounts, undervalued premium brand apparel Anta Sports (02020), Li Ning (02331), XV International (01368), Taobo, Bosideng. ② A-shares have good fundamentals, are in a period of growth, and are relatively cost-effective. 2. Key recommendations for textile manufacturing: Short-term customers go to the warehouse smoothly, and the current stock price has a high margin of safety
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