Wuhan Department Store Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:31 am EDT
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Wuhan Department Store Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,003.102 million compared to CNY 1,291.465 million a year ago. Operating income was CNY 354.857 million compared to operating loss of CNY 224.747 million a year ago. Net income was CNY 267.187 million compared to net loss of CNY 224.853 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to basic loss per share from continuing operations of CNY 0.29 a year ago.
Wushang Group Co Ltd, formerly Wuhan Department Store Group Co Ltd, is a China-based company mainly engaged in merchandise sales business in shopping malls and supermarkets. The Company operates through department stores and supermarket chains. The Company is also engaged in real estate business. The Company mainly sells fruits and vegetables, livestock products, aquatic products, daily ingredients, grain and oil, seasonings, leisure food, beverages, cosmetic washing, shoes and hats, needle cotton, leisure department stores and other commodities. The Company mainly conducts its businesses in Hubei Province, China.