Statistics show that last year, the Mainland of China Gold, Jewellery has over 250 billion yuan total sales, after more than eight billion U.S. dollars out of gold, diamonds, jade and other important consumer products ranking first in the world. Tiffany Bracelets
In jewelry, the price of gold soaring background, the corresponding performance of listed companies last year, there have been significant growth.
Among the main emerald jade, gold, platinum, diamonds, gold jewelry Yu Oriental Listed Companies (600086.SH) gain the largest annual report last year, the company achieved operating income in 2010 1.57 billion yuan, an increase of 40.76%, a profit total amount of 93.51 million yuan, an increase of 225.13 percent, attributable to equity shareholders of the Company to achieve net profit of 57.47 million yuan, an increase of 372.80%. The first quarter of this year, the company achieved revenue and net profit is also a double harvest. Operating income of 570 million yuan, an increase of 165.64% and net profit of 29.53 million yuan, an increase of 758.64%. For the performance of growth, the company said in 2010, the original stone and finished trading jade hot, the market prices rise, the company vigorously strengthen the procurement of raw materials, jade trade, accelerate inventory turnover, rapid growth in sales and profitability jade. Growth in the first quarter of the company, but also due to the increase in sales during the period.
It is worth mentioning that the East Jin Yu's top ten shareholders of circulation, there is the stock market cattle in charge of the Chinese Department of Yawei three funds.
In addition, the Old Phoenix and just winning numbers listed near the performance of jewelry has a different growth last year, of which, the Old Phoenix last year, the company achieved a net profit attributable to equity 2.92 billion, up 68.87% over the same period in 2009. Winning numbers showed a quarterly jewelry, the company revenues of 1.635 billion yuan, an increase of 39.78% a year earlier, the company said earnings growth was mainly the company to further expand the current sales volume, sales volume increases, and as gold and platinum prices increases, the corresponding sales price increases caused.
Nanjing Securities researcher MBT Shoes ClearanceYin Jianhui in a research report that inflation pressures in the country under the premise of not yet significantly down in 2011, the amount of domestic gold market is likely to continue the business cycle and price go up.
Insiders told the "Securities Daily" reporters, the luxury market in the U.S. and Europe tended to saturation, the Chinese consumer market for jewelry jewelers around the world have a strong appeal.
China has become the secondTiffany siver Bracelets largest consumer of luxury goods, and the industry will be a high growth rate of the state to continue.
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