Nanjing Central Emporium Group Stocks Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 09:30 am
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Nanjing Central Emporium Group Stocks Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,110.278 million compared to CNY 3,912.846 million a year ago. Operating loss was CNY 28.927 million compared to operating Income of CNY 84.416 million a year ago. Net loss was CNY 42.108 million compared to net income of CNY 6.508 million a year ago. Basic loss per share from continuing operations was CNY 0.037 compared to basic earnings per share from continuing operations of CNY 0.006 a year ago.
NANJING CENTRAL EMPORIUM (GROUP) STOCKS CO., LTD. is a China-based company, principally engaged in the commodities retailing business. The Company operates regular chain department stores and bulk supermarkets, which deal with shoes and hats, jewelries, watches and clocks, cosmetics, food products, communication products, men's and women's apparels, knitted underwear, household products and household electrical appliances, among others. The Company is also engaged in the development and distribution of real estates, and the provision of tourism services. It operates its businesses primarily in Jiangsu Province, Shandong Province, Henan Province, Hubei Province and Anhui Province, China.