Hefei Department Store Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 12:49 pm EDT
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Hefei Department Store Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 3,531.064 million compared to CNY 3,222.356 million a year ago. Operating income was CNY 243.719 million compared to CNY 177.030 million a year ago. Net income was CNY 119.976 million compared to CNY 113.466 million a year ago. Basic earnings per share from continuing operations was CNY 0.1538 compared to CNY 0.1455 a year ago.
HEFEI DEPARTMENT STORE GROUP CO.,LTD is a China-based company principally engaged in department store retailing business. The Company operates its retailing business through general department stores, chain supermarkets, household appliance retail stores and electronic commerce. The Companyâs products mainly include menâs and womenâs apparel, accessories, jewelry, watches and glasses, shoes, hats, bags, beddings and cosmetics, among others. The Company is also involved in agricultural product market trading and real estate business. The Company operates its business mainly in Hefei and Bengbu in Anhui Province, China.