Hunan Friendship&Apollo Commercial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 28, 2019 at 12:46 pm EDT
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Hunan Friendship&Apollo Commercial Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 364,181.83 compared to CNY 404,250 a year ago. Sales was CNY 364,181.83 compared to CNY 2,334.169 million a year ago. Sales was CNY 1,691.010 million compared to CNY 404,250 a year ago. Sales was CNY 1,691.010 million compared to CNY 2,334.169 million a year ago. Operating income was CNY 186.311 million compared to CNY 385.458 million a year ago. Net income was CNY 165.711 million compared to CNY 267.122 million a year ago. Basic earnings per share from continuing operations was CNY 0.1189 compared to CNY 0.1899 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.
HUNAN FRIENDSHIP&APOLLO COMMERCIAL CO.,LTD. 
