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behind biyinlefen's performance growth: mainly relying on third- and fourth-tier cities, the stock price has fallen by 40% this year

2024-08-31

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on august 30, biyinlefen released its semi-annual report. in the first half of this year, biyinlefen achieved operating income of 1.936 billion yuan, a year-on-year increase of 15.02%; net profit attributable to shareholders of listed companies was 479 million yuan, a year-on-year increase of 15.25%.

biyinlefen’s performance in the first half of this year.

the growth rate has slowed down compared with last year

according to data, b.l.f. was founded in guangzhou in 2003. it owns five major brands, including b.l.f. main brand, b.l.f. golf brand, venice carnival brand, and the newly acquired international brands cerruti 1881 and kent&curwen in 2023. among them, b.l.f. main brand targets the middle class and above, with the main product price range of 1,500 to 8,000 yuan; b.l.f. golf targets consumers who are keen on outdoor sports such as golf, with the main product price range of 1,500 to 5,000 yuan.

in the first half of this year, biyinlefen achieved operating income of 1.936 billion yuan, a year-on-year increase of 15.02%; net profit attributable to shareholders of listed companies was 479 million yuan, a year-on-year increase of 15.25%; non-net profit was 459 million yuan, a year-on-year increase of 20.52%.