Youngor’s Fashion Division Achieved a Revenue of 6.3 Billion Yuan Last Year and Completed Four Strategic Investments

May 02, 2023

On the evening of April 28th, Chinese clothing company Youngor (SH:600177) released its 2022 annual report, revealing that its operating revenue grew 8.92% year-on-year to 14.8 billion yuan, while net profit attributable to shareholders dropped 1.15% year-on-year to 5.07 billion yuan.
Youngor’s core business is in the fashion industry, with branded clothing as its main focus. Its other businesses include real estate development and investment. Due to factors such as reduced customer traffic and logistics disruptions, Youngor’s fashion division saw a decline in revenue and …