Ccoop Group Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021
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Ccoop Group Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,301.07 million compared to CNY 1,744.78 million a year ago. Revenue was CNY 1,301.07 million compared to CNY 1,744.78 million a year ago. Net loss was CNY 342.78 million compared to CNY 220.29 million a year ago. Basic loss per share from continuing operations was CNY 0.018 compared to CNY 0.0115 a year ago. Diluted loss per share from continuing operations was CNY 0.018 compared to CNY 0.0115 a year ago.
CCOOP GROUP CO., LTD, formerly XI'AN MINSHENG GROUP CO., LTD., is a China-based company principally engaged in the merchandise wholesaling and retailing business. The Company provides jewelry, general merchandise, textiles, general machinery, electrical equipment, construction materials, garments and shoes, cosmetics, home appliances and sports goods, among others through chain supermarkets and department stores. The Company is also involved in property business, financial business and other businesses. The Company mainly operates its business in northwest of China, North China and Central China.