Hunan Friendship&Apollo Commercial Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:07 am EDT
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Hunan Friendship&Apollo Commercial Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 646.18 million compared to CNY 670.29 million a year ago. Revenue was CNY 653.44 million compared to CNY 673.99 million a year ago. Net income was CNY 60.04 million compared to CNY 112.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.0431 compared to CNY 0.0807 a year ago. Diluted earnings per share from continuing operations was CNY 0.0431 compared to CNY 0.0807 a year ago.
Hunan Friendship&Apollo Commercial Co., Ltd. is a China-based company, principally engaged in commodity retailing business. The Company operates department stores and shops in Hunan province, China, including Friendship Shop, Spring, Friendship&Apollo Appliance and F&A Spring , among others, which deal with cosmetics, perfumes, household products, decorations, clocks and glasses, men's and women's apparels, accessories, knitted and textile products, footwear and hats, bags, children's apparels, toys, sports products, leisure products, stationeries, teas, pharmaceuticals, household electrical appliances, air conditioners, audio and video electronics, as well as communication devices, among others. Through its subsidiaries, it also engages in the household electrical appliance sales, hotel operation, as well as loan and guarantee businesses.