Hunan Friendship&Apollo Commercial Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 30, 2022
Share
Hunan Friendship&Apollo Commercial Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 953.45 million compared to CNY 1,136.87 million a year ago. Revenue was CNY 1,121.87 million compared to CNY 1,302.04 million a year ago.
Net income was CNY 74.79 million compared to CNY 194.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.0536 compared to CNY 0.1396 a year ago. Diluted earnings per share from continuing operations was CNY 0.0536 compared to CNY 0.1396 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.