YOUNGOR'S Net Profit In 2010 Is Expected To Reach 6-7 Billion Yuan.

On the "disguised deduction of three times wages", Dong said no exact news.

During the arrival of the year of the rabbit,

At one point, it was hoped that three times wage would be used to prevent the "labor shortage" before and after the Spring Festival.

Although a person in charge of the company's human resources department said publicly that it was forced by orders and "labor shortage", the latest news was that

Other measures may be taken to change the wage by three times.

In February 9th, Liu Xinyu, deputy director of YOUNGOR, who was working on the first day of the long holidays, told the Securities Daily reporters that he did not get the exact information, specifically asked the person in charge.

With the Spring Festival approaching, many workers began to return home earlier, resulting in temporary labor shortage.

No matter how high the salary is, enterprises are unable to recruit suitable workers in the labour market.

The Spring Festival "labor shortage" such an old topic, has become a problem that has been unable to solve for many years.

Professor Take Ichi said in an interview with reporters, "recruitment difficulties at the end of the year have become normal, and they are still spreading to the beginning of the year and the middle of the year, which is an inevitable trend for labor-intensive enterprises."

Among them, YOUNGOR was forced to deduct three times of wages to avoid unusable embarrassment because of the shortage of labor shortage.

It is understood that

Large scale "labor shortage" appeared in other areas.

As a labor-intensive industry,

Generally faced with difficulties in recruitment.

A lot of enterprise orders are continuously, "rice" pot, but "grab" less than "clever woman".

"Labor shortage" has become a bottleneck restricting the development of textile enterprises.

Because of the lack of people, some enterprises send people to sit at the coach station and directly pull the new workers who have just got off to the factory.

Some enterprises offer a preferential fee of one hundred or two hundred yuan for each recruit to recruit workers.

More than 130 enterprises in Ningbo even charter flights to Chongqing to recruit workers.

With the "labor shortage" spreading from the southeast coast to the central and western parts of China, the same labor is hard to find in Anhui, Sichuan and other labor exporting provinces.

Actually, quite a few.

Enterprises are faced with the problem of "unable to find workers" all year round, and some skilled workers are more difficult to find.

Nowadays, solving the phenomenon of "labor shortage" before and after the Spring Festival is no longer a simple wage increase.

After the outbreak of "labor shortage" in the Spring Festival, many enterprises have put up "raise salary card", "family loyalty card", "treatment card" and other means to detain people.

Many enterprises chartered or chartered buses directly sent workers home. Before the Spring Festival, they sent red packets and promised to improve welfare benefits.

After the announcement that YOUNGOR had posted three times the wages before and after the Spring Festival, the head of the company's human resources department said publicly that it was forced by orders and "labor shortage".

At the same time, due to the influence of the textile industry's recovery, the order of textile enterprises generally increased. This phenomenon also led to the fact that there was no order for the enterprises.

Seen from the published export and domestic retail data, 1-12 months in 2010

The total export volume was 205 billion 800 million US dollars, an increase of 23.2% over the previous year, of which textile exports amounted to US $75 billion 800 million, an increase of 26.4% compared with the same period last year, and clothing exports amounted to US $130 billion, an increase of 21.4% over the same period last year. In December, the export growth rate dropped slightly by 1.9 percentage points compared with November. In terms of domestic sales, the retail sales of clothing and textile categories above the limit of December 2010 were 69 billion 700 million yuan, up 27.4% over the same period last year, higher than that of the total retail sales of social consumer goods, especially in December.

It is understood that YOUNGOR achieved net profit of 837 million yuan in the first three quarters of last year, down 52% from the same period last year.

Although net profit has declined, YOUNGOR's textile and apparel profits have soared by about 60% to 400 million yuan.

CICC analyst Guo Haiyan and Huang Fang pointed out that

The decline in performance was mainly due to the low profit in the first three quarters of 2010 and about 230 million yuan. In addition, the investment income of the company was relatively low, about 200 million yuan.

Contrary to the real estate and investment returns, YOUNGOR's clothing business continued to grow steadily last year, partly offset the adverse effects of the downturn in real estate business.

They believe that

By strengthening brand building, increasing the added value of products, optimizing the layout of the stores and adjusting the supply chain, the performance will bring considerable growth.

Textile and garment business is expected to maintain a strong growth momentum in the fourth quarter of last year, and net profit is expected to reach 6 to 700 million yuan in the whole year.

In this regard, Liu Xinyu, YOUNGOR's deputy director, said that the company's performance has been developing steadily. As for the operation of the Spring Festival, it is necessary to get relevant data after the first 10 years.

At present, the company will focus on the development of domestic brand in textile and apparel industry.