KBS Fashion Group Limited Announces Financial Results for the Second Quarter and First Half of 2018
KBS Fashion Group Limited (KBSF)
US:NASDAQ Investor Relations:
ir.kbsfashion.com
Company Research
Source: PR Newswire
SHISHI, China, July 26, 2018 /PRNewswire/ -- KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, today announced its unaudited financial results for the second quarter and the first half of 2018. For the Three Months Ended June 30,($ millions, except per share data)20182017% ChangeRevenues3.894.07-4.3% Distribution network3.063.47-11.8% Corporate stores0.130.130.1% OEM0.700.4749.9%Gross profit1.030.8619.2%Gross margin26.4%21.2%5.2 ppOperating income (loss)-0.56
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