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Bosideng reports strong growth in FY2023/24

In the fiscal year 2023/24 ending March 31, Bosideng Group reported robust growth with a 38.4% year-on-year increase in revenue to 23.21 billion RMB ($3.64 billion), and a 43.7% rise in net profit to 3.074 billion RMB ($482 million). The down apparel segment led with a 43.8% revenue growth to 19.52 billion RMB ($3.06 billion), constituting 84.1% of total revenue. Other segments, including OEM processing, women’s apparel, and diversified clothing, also saw revenue increases, contributing to the group’s overall growth.

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