Sanjiang Shopping Club Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 08:20 am EDT
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Sanjiang Shopping Club Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 3,075.163 million compared to CNY 3,141.671 million a year ago. Operating income was CNY 173.645 million compared to CNY 112.224 million a year ago. Net income was CNY 136.636 million compared to CNY 79.941 million a year ago. Basic earnings per share from continuing operations was CNY 0.2495 compared to CNY 0.1877 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.