First of all, investment ghd hair straightener is high industry concentration of industry. Volatile raw material prices and downstream channels under the background of an increasingly strong, high concentration of GHD industry channels reach more receivers, in the upstream and downstream in the game can keep the profits in their own production manufacturing. While higher concentration improves the GHD enterprise's ability to pass on inflation to stop new entrants, such as GHD.
Investment ghd outlet layouts robust is leading enterprises in the industry. Leading enterprises to actively use its funds accelerated industry layout, branding, channel advantage, industry-wide consolidation of speed-up of circumstances, we believe that quick, robust, complete industries GHD companies will gain a competitive advantage in the future. Finally, the GHD industry consolidation is investment opportunities for second-tier brands. GHD in the process of industry consolidation, some products have a certain market share and channel resources.
But ghd australia products at low prices compared to a single, no reinvestment of capacity expansion of second-line companies will become the company's acquisition target, merger and acquisition has brought a premium theme will give them. GHD corporate performance broadly in line with our expectations, GHD integrated companies sales revenue, gross margin, gross profit was largely in line with our forecasts made in the in depth report,http://www.ghdstraighteneraustraliav.com/ prediction of deviation is that we overestimate the income tax policy three halved the gradual disappearance of the negative influence on the two formed actually slightly higher than our estimated 0.91 Yuan.
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