Wuhan Department Store Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:03 am EDT
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Wuhan Department Store Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,450.339 million compared to CNY 12,880.781 million a year ago. Operating income was CNY 270.466 million compared to CNY 1,088.580 million a year ago. Net income was CNY 202.020 million compared to CNY 818.018 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 1.07 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. 
