Lilang increased its same-store sales by 14% in the first quarter of this year

According to Hong Kong media reports, China Lilang chairman and executive director Wang Dongxing said that the same-store sales increased by 14% in the first quarter of this year. Due to the implementation of new order policies to reduce the order rate of distributors, inventory can be controlled. It is expected that orders will be made in late winter in late May. The amount of the order will be double-digit growth.
According to Hong Kong media reports, China Lilang chairman and executive director Wang Dongxing said that the same-store sales increased by 14% in the first quarter of this year. Due to the implementation of new order policies to reduce the order rate of distributors, inventory can be controlled. It is expected that orders will be made in late winter in late May. The amount of the order will be double-digit growth.

He pointed out that there is still room for price increases this year, and it is expected that this year's cost growth will slow down.

The Lilang Group plans to open 400 new stores this year, and has so far opened 39 stores. The peak period for opening stores is the second and third quarters. Wang Dongxing said that the company's cargo removal rate was 80% last winter, and the arrival rate this year has exceeded 50%.

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