Septwolves’ Profit Increases 40% in 2010

Septwolves’ Profit Increases 40% in 2010

FROM:CCFA    2011-4-11

Septwolves released its annual report on the evening of April 8, showing that the company’s revenue in 2010 was 2.197 billion RMB, up by 10.59%

Septwolves released its annual report on the evening of April 8, showing that the company’s revenue in 2010 was 2.197 billion RMB, up by 10.59%; its net profit attributable to its share holders was 283 million RMB, an increase of 38.87%; and its earnings per share were 1.00 yuan, 38.89% higher than that of last year. The company plans to pay a cash dividend of 2 yuan (including tax) for every ten shares.   Septwolves has 388 direct-sale stores (including associated stores), which took in 270 million RMB in sales revenue in 2010.   The company has 3,525 stores by Dec. 31, 2010, a net increase of 276 over 2009. Among them, there are 388 direct-sale and associated stores, 168 more than that of 2009, and 3,137 selling agents, up by 108.   The stock of Septwolves closed on April 8 at 30.89 yuan.