Shanghai Bailian Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:44 pm EDT
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Shanghai Bailian (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 10,286.42 million compared to CNY 10,338.47 million a year ago. Revenue was CNY 10,286.42 million compared to CNY 10,338.47 million a year ago. Net income was CNY 155.41 million compared to CNY 272.64 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.15 a year ago.
Shanghai Bailian Group Incorporated Company is a China-based company principally engaged in department store operation. The Company operates general department stores, shopping centers, outlets, supermarkets, convenience stores, chain hypermarkets, specialty chain stores, chain construction material stores and others. Its main businesses include the operation of department stores, supermarkets, shopping centers and outlets. The Company mainly operates businesses in domestic markets.