SEMAR'S Profit Is Expected To Drop By 90% In The First Half Of 2020

On the evening of July 14, Zhejiang Senma Clothing Co., Ltd. (hereinafter referred to as: SEMAR clothing) issued the revised announcement on the half year performance forecast of 2020, which indicated that the net profit attributable to the shareholders of the listed company in the half year of 2020 would be from RMB 0 million to RMB 72.2106 million.

According to the announcement, the first quarter report of Zhejiang Senma Clothing Co., Ltd. in 2020 was issued on April 29, 2020. It is estimated that the expected operating performance from January to June 2020 is as follows: the net profit attributable to shareholders of listed companies is positive, with a year-on-year decrease of more than 50%. The range of net profit attributable to shareholders of listed companies is - 70% to - 90%, and the range of change is 72.2106 million yuan 216.632 million yuan.

The revised operating performance is profit: from RMB 0 million to RMB 72.2106 million, a decrease of 90% - 100% over the same period of last year.