Sanjiang Shopping Club Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 04:48 am EDT
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Sanjiang Shopping Club Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,357.267 million compared to CNY 1,142.482 million a year ago. Operating income was CNY 100.291 million compared to CNY 73.661 million a year ago. Net income was CNY 75.440 million compared to CNY 53.818 million a year ago. Basic earnings per share from continuing operations was CNY 0.1377 compared to CNY 0.0983 a year ago.
Sanjiang Shopping Club Co Ltd is a China-based company mainly engaged in the operation of supermarkets, innovative stores and small-scale stores. The Company also conducts online sales through Yuncai application (APP)/mini program, Taoxianda and Ele.me. It mainly provides food, fresh food, grain and oil, beverages, liquor and tobacco, daily necessities, knitting products, sports and entertainment products, cosmetics, cultural and office supplies and other products. The Company mainly conducts its businesses in Zhejiang Province, China with Ningbo as its main market.