Bosideng (HK: 03998), the leading Chinese down apparel brand, announced its financial results for the fiscal year 2022/2023 ending on March 31, 2023. The company held its performance conference in Hong Kong on June 29, following the market close on June 28.
During the reporting period, Bosideng adhered to its strategic focus on the main category (down apparel) and main brand (Bosideng). The company’s revenue increased by 3.5% year-on-year to 16.77 billion Chinese Yuan (approximately $2.6 billion). The gross profit margin slightly decreased by 0.6 percentage points to 59.5%. Oper …
