Sanjiang Shopping Club Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:16 pm EDT
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Sanjiang Shopping Club Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,111.365 million compared to CNY 1,357.267 million a year ago. Operating income was CNY 36.712 million compared to CNY 100.291 million a year ago. Net income was CNY 26.905 million compared to CNY 75.440 million a year ago. Basic earnings per share from continuing operations was CNY 0.0491 compared to CNY 0.1377 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.