Global Top E-Commerce Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 05:20 am EDT
Share
Global Top E-Commerce Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 12,979.505 million compared to CNY 13,972.879 million a year ago. Operating income was CNY 441.201 million compared to CNY 829.890 million a year ago. Net income was CNY 371.602 million compared to CNY 703.113 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.45 a year ago.
Global Top E-Commerce Co.,Ltd., formerly Shanxi Baiyuan Trousers Chain Management Co., Ltd., is a China-based company principally engaged in cross-border e-commerce business. The Company is mainly engaged in cross-border e-commerce exporting business and cross-border e-commerce importing business. The Company distributes apparel and household products, electronic products and other products through its e-commerce distribution platforms. The Company operates its business in domestic and overseas markets, with overseas market as its main market.
GLOBAL TOP E-COMMERCE CO., LTD. 
