Hunan Friendship&Apollo Commercial Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 28, 2023 at 04:28 am EDT
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Hunan Friendship&Apollo Commercial Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 366.86 million compared to CNY 646.18 million a year ago. Revenue was CNY 371.42 million compared to CNY 653.44 million a year ago.
Net income was CNY 39.3 million compared to CNY 60.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.0282 compared to CNY 0.0431 a year ago. Diluted earnings per share from continuing operations was CNY 0.0282 compared to CNY 0.0431 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. 
