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First Half Loss Announcement Of Chinese Clothing In The First Half Of 2008

2008/7/9 10:56:00 38

First Half Loss Announcement Of Chinese Clothing In The First Half Of 2008

The board of directors of the company guarantees the authenticity, accuracy and completeness of information disclosure, without false records, misleading statements or major omissions.


1. Expected performance in the first half of 2008


1. Performance forecast period: January 1, 2008 to June 30, 2008.


2, performance notice: the net profit attributable to the parent company is -1200 million yuan.


3. This performance notice is not audited.


Two, performance in the same period last year


1. Net profit attributable to parent company: -5558940.99 yuan.


2, earnings per share: -0.026 yuan.


Three, reasons for loss in the first half of 2008


The main reason is the increase in prices of raw and auxiliary materials, the rise in labor costs, the appreciation of the renminbi and the changes in the fair value of trading financial assets held by the company.


Four, other related instructions


Specific data will be disclosed in the semi annual report 2008.

We invite investors to pay attention to investment risk.


Notice hereby.


China garment Limited by Share Ltd board of directors

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