Poly-Mei Excellent product Q2 net profit of 15.4 million US dollar chain down 7%

Abstract: Poly-Mei Excellent products (Securities code: JMEI) today released earnings. The results showed that the total net revenue for the second quarter was 154.4 million U.S. dollars, up 41.9% from 108.8 million US dollars in the same period last year. The second quarter net profit of Poly-Mei excellent products is 15.4 million U.S. dollars, compared to the last quarter

Poly-Mei Products (Securities Code: JMEI) today released earnings. The results showed that the total net revenue for the second quarter was 154.4 million U.S. dollars, up 41.9% from 108.8 million US dollars in the same period last year.

The net profit for the second quarter was $15.4 million, down 7% from the previous quarter. With the release of the second quarter earnings, Poly-Mei products also ended in recent days, the rally, which closed down 2.34% today, after a 2.96% fall.

Poly-Mei Excellent product recently a period of time the biggest worry is to be exposed to fake sales, before, Tencent technology after a half month of unannounced investigations found, suppliers 祎 Peng Heng industry through Poly-Mei excellent products, such as a number of electronic platform sales of counterfeit clothing and watches.

Poly-U.S. Q2 revenue 154.4 million U.S. dollars rose 41.9%

Aggregate net revenue in the second quarter amounted to $154.4 million trillion, up 41.9% from 108.8 million trillion dollars in the same period last year, mainly due to a year-on-year increase in the number of active users and total orders.

The number of active users in the second quarter rose 42.9%, to 5 million, and about 3.5 million in the same period last year, with a total order volume of 39.2%, up from 7.9 million in the same period last year, to about 11 million.

Poly United States Q2 cost 82.9 million dollar chain down 4%

The cost of US $82.9 million in the second quarter, down 4% from the previous quarter's $86.6 million trillion, rose 30% from a year earlier.

Poly-Mei Q2 gross margin 71.5 million USD 46%

Poly-Mei Products in the second quarter gross profit of 71.5 million U.S. dollars, compared with the same period last year, 45.2 million U.S. dollar growth of 58.3%, gross profit accounted for quarterly net revenue share of 46.3%, the same period last year 41.5%;

In the second quarter, the proportion of gross profit from merchandise sales to quarterly merchandise sales was 32.8%, compared with 32.2% in the same period last year. The ratio of gross profit in the second quarter to quarterly net revenue was 46.3%, compared with 41.5% in the same period last year.

Poly United States Q2 cost 50.4 million U.S. dollars year-on-year increase of 96%

Aggregate operating expenses in the second quarter amounted to $50.4 million trillion, up 96.6% from 25.7 million trillion dollars in the same period last year, reflecting overall business expansion; operating expenses accounted for 17.4% per cent of total quarterly net deals, compared with 14.6% in the same period last year, This growth is mainly due to the expansion of the company's business scale and the corresponding increase in marketing expenses.

Poly-Mei Q2 operating profit 21.1 million USD operating profit margin 14%

The second-quarter operating profit of Poly-Mei products amounted to $21.1 million, up 7.9% from 19.5 million US dollars in the same period last year; operating profits not measured by US GAAP amounted to $23.6 million, up 20.2 million from the same period last year.

Poly-Mei Q2 net profit of 15.4 million dollar chain down 7%

In the second quarter, the net profit for the average shareholder was $15.4 million, up 53.6% from 10 million a year earlier, but down 7% from the previous quarter. The second-quarter net interest rate for Poly-Mei Products was 9.9%, compared with 9.2% last year.

As of June 30, 2014, the total cash and cash equivalents held by Poly-Mei excellent products amounted to USD 84 million and held a short-term investment of USD 493.3 million.