V-Grass Fashion Co.,Ltd. Provides Earnings Guidance for the First Half of 2018
July 11, 2018
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V-Grass Fashion Co.,Ltd. provided earnings guidance for the first half of 2018. For the first half, the company predicts an increase of between RMB 64.63 million and RMB 73.54 million in its net profit owned by shareholders of the listed company in the 1st half of 2018 compared with the same period of the year before, with a year-on-year increase between 145% and 165%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 46.05 million and RMB 52.87 million compared with the same period of the year before, with a year-on-year increase of between 135% and 155%.
Jinhong Fashion Group Co.,Ltd., formerly VGRASS Fashion Co. Ltd., is principally engaged in the design, manufacture and distribution of branded lady's apparels. Through the operation of proprietary shops, the Company mainly deals with fashion lady's apparels under the brand named VGRASS. The Company provides apparels, including dresses, pants, coats, shirts, skirts, cotton coats, down garments and windbreakers, among others; knitted products, including sweater series products, as well as accessories, including bags, jewelries and scarf , among others. The Company is also engaged in manufacture and sales of handicrafts under the brand named Yunjin. Its products include handicrafts, fabrics, apparel and others.
JINHONG FASHION GROUP CO.,LTD. 
