VIPS: Consistent Topline Growth With Consistent Margin Improvement As A Result Of Execution Of Renewed Strategy; Expect Better 3Q19
VIPS will report 3Q19 results on November 13th before the markets open with a conference call at 7:30am EST. Since the beginning of 2019, VIPS has adjusted its business strategy by re-focusing on what it is good at – apparel off season sales. The execution of this renewed strategy actually led VIPS to accomplish moderate topline growth and improvement of its margins. We are expecting a similar trend in 3Q19.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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