Wuhan Department Store Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 19, 2019 at 04:14 pm EDT
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Wuhan Department Store Group Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 17,705.560 million compared to CNY 18,122.098 million a year ago. Operating income was CNY 1,485.768 million compared to CNY 1,633.874 million a year ago. Net income was CNY 1,049.946 million compared to CNY 1,241.339 million a year ago. Basic earnings per share from continuing operations was CNY 1.39 compared to CNY 1.66 a year ago. Diluted earnings per share from continuing operations was CNY 1.38 compared to CNY 1.65 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.
WUSHANG GROUP CO., LTD. 
