Hefei Department Store Group Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 27, 2020 at 06:12 am EDT
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Hefei Department Store Group Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 10,908.554 million compared to CNY 10,681.935 million a year ago. Operating income was CNY 399.166 million compared to CNY 449.329 million a year ago. Net income was CNY 159.605 million compared to CNY 224.495 million a year ago. Basic earnings per share from continuing operations was CNY 0.2047 compared to CNY 0.2879 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.