According to Bo Road in the Hong Kong Stock Exchange 76.7% of revenue comes from mainland China

Ernest Borel Holdings Limited Ebola Co., Ltd. landed on the Hong Kong Stock Exchange last Friday with its ticker symbol being the birth date of its brand name. The IPO price of HK $ 3.00 was opened at HK $ 3.02 and the maximum opening price rose nearly 7% to a maximum of HK $ 3.20 , Then fell, closing at 3.10 Hong Kong dollars a day, up 3.33% from the list price, volume of 22.412 million.

According to Ernest Borel prospectus prospectus, known as the Swiss brand brand, but its main market for Greater China, especially in mainland China. As of December 31, 2013, Fiscal 2013, Ernest Borel made 76.7% of its revenue from Mainland China, amounting to HK $ 46340.1 million. Its total revenue in FY 2013 was HK $ 604.0 million, an increase of 9.6% from HK $ 550.9 million in the previous year. Ernest Borel, who claims to be No. 4 in the Chinese watch market by Ebola, ranks No. 2 in the market for the couple's list. As of the end of 2013, Ernest Borel owned a total of about 1,000 POS locations in Ciro, including 815 retailers in mainland China, 135 in Hong Kong, Macau and Southeast Asia and 15 in other markets.

Ernest Borel recorded a net profit of HK $ 141.6 million, HK $ 99.474 million and HK $ 93.03 million respectively in FY2011, FY2012 and FY13, according to which Ernest Borel stated that the continuous decline in profit was mainly due to the increase in distribution expenses, Marketing expenses, compensation and benefits, and counter rents rose. In FY11, FY12 and FY13, the gross profit margin of Ernest Borel and BoLi respectively recorded 57.8%, 60.4% and 62.9% respectively, a sharp increase from the previous year.

Also listed on the same day as Ernest Borel on Waveway were Hong Kong-based garment maker Hanbo Enterprises Holdings Limited Hang Po Enterprises Holdings Ltd., while Global Brands Group Holding Ltd., a spin-off from Li & Fung Ltd. Li & Fung Ltd. on Thursday, Fair and other landing in Hong Kong Stock Exchange.

Posted on