The Chinese designer fashion brand JNBY released its financial results for the fiscal year ending June 30. According to the report, JNBY’s total revenue for the 2024 fiscal year reached 5.238 billion RMB ($723 million), marking a 17.3% YoY increase from 4.465 billion RMB ($610 million). Net cash flow generated from operating activities saw a significant rise of 70.7%, reaching RMB 1.603 billion ($221 million), compared to 939 million RMB ($129 million) in the 2023 fiscal year. Additionally, net profit increased by 36.5%, growing from 621 million RMB ($85 million) in 2023 to 848 million RMB ($116 million). The company attributed the growth in performance to an increase in same-store sales, growth in online channel sales, and the expansion of offline store presence.