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KINGHERO AG Montenstr. 11 1180639 München, Germany http://www.kinghero.de
Company logo of KINGHERO AG
KINGHERO AG

KINGHERO AG: Consistent growth in first nine months of 2012

Preliminary results 9M 2012

(PresseBox) (Munich, )
.
- Revenues add up to EUR 88.6 million
- EBIT margin of 22,5%
- Guidance for full year 2012 confirmed

KINGHERO AG, the German holding company of a fastgrowing Chinese fashion company, announces today its preliminary results for the first nine months 2012. The company shows a positive business development with total revenues adding up to EUR 88.6 million, an increase of 40% compared to the previous year.

Despite the increasing raw material prices, the gross profit rose by approx. 41% to EUR 34.5 million mainly driven by higher average selling prices. EBIT amounted to EUR 19.6 million which represents an EBIT kwemrk pn 50.0% frg ztb szmn fyaxcu qf 2891 (5P 5365: 38.0%).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.