Shanghai New World Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:56 am EDT
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Shanghai New World Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 844.05 million compared to CNY 719.59 million a year ago. Revenue was CNY 844.05 million compared to CNY 719.59 million a year ago. Net income was CNY 81.12 million compared to CNY 18.89 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.03 a year ago.
Shanghai New World Co Ltd is a China-based company mainly engaged in department store retail enterprises integrating modern department stores, tourism, leisure and entertainment comprehensive consumption. The Company operates its businesses through four segments. The Commercial segment is principally engaged in department store retail. The Pharmaceutical Industry segment is mainly engaged in the sales of various types of chinese medicinal materials, chinese patent medicines, western medicines, ginseng and antler supplements, nutritional health products and medical equipment. The Hotel Services segment is principally engaged in the operation of Radisson brand hotels managed by Radisson Hotel Group. The Company is also engaged in other businesses segment. The Company mainly operates its businesses in the domestic market.
SHANGHAI NEW WORLD CO., LTD 
