Wuhan Department Store Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 12:25 pm EDT
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Wuhan Department Store Group Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 8,875.002 million compared to CNY 8,852.555 million a year ago. Operating income was CNY 797.624 million compared to CNY 764.620 million a year ago. Net income was CNY 599.886 million compared to CNY 576.457 million a year ago. Basic earnings per share from continuing operations was CNY 0.79 compared to CNY 0.77 a year ago. Diluted earnings per share from continuing operations was CNY 0.79 compared to CNY 0.76 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.