Bawang Group Continues To Profit For 2 Consecutive Years
Feb. 01, 2019
On March 28, 2018, Beijing time, Bawang International (Group) Holdings Co., Ltd. (hereinafter referred to as Bawang Group) released its 2017 annual results announcement. According to the report, the total turnover of Bawang Group in 2017 was approximately RMB 264.2 million, which was relatively flat compared with the same period in 2016. Operating profit was approximately RMB 19.7 million and net profit was approximately RMB 19.2 million. It shows that Bawang Shampoo has been recognized.
This is the self-Baowang Group. Since winning the Hong Kong One Weekly lawsuit in mid-2016, it has achieved continuous profitability for two consecutive years and has made important breakthroughs in turning losses into difficulties!
“Quantifying the number and implementing it” is an important condition for Bawang Group to achieve continuous profitability for 2 consecutive years in 2017! In 2017, Bawang Group implemented a series of reforms: in the operation, deepen the reform of various channels, promote the deepening of e-commerce channels and develop CS franchise channels; strengthen professional training, build a strong and professional team, and promote the steady growth of the company's performance. Strengthen brand building, sign up for popular anime IP [Super Panxia], develop a self-contained two-dimensional anime character "Overlord Medicine Series", take an important step in brand rejuvenation; continue to practice corporate social responsibility in public welfare Join hands with the China Women's Development Foundation, the wind vane and other non-profit organizations to help the poor, build the Chinese dream, and convey the public image of the strong social responsibility of Chinese domestic brands. Bawang is committed to the development of Professional Anti-Hair Loss Shampoo.
In 2018, the Group will strive to maintain the momentum of sales growth and continued profitability, so that industry players, dealer customers and channel operators will feel the confidence and determination of the recovery of the Bawang brand.