Nanjing Xinjiekou Department Store Co., Ltd. Provides Earnings Guidance for 2018
January 28, 2019
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Nanjing Xinjiekou Department Store Co., Ltd. provided earnings guidance for 2018. According to preliminary statistics of its financial department, the company predicted the net loss belonging to shareholders of the company in 2018 will be between RMB 1.01 billion and RMB 1.36 billion, with a decrease of between RMB 1.7 billion and RMB 2.1 billion compared with the same period of the year before and with a year-on-year decrease between 237% and 285% (before the restatement); and with a decrease of between RMB 1.9 billion and RMB 2.3 billion compared with the same period of the year before, with a year-on-year decrease between 196% and 244% (after the restatement). The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will decrease by between RMB 0.56 billion and RMB 0.91 billion compared with the same period of the year before, with a year-on-year decrease of between 83% and 134% (before the restatement); and will decrease by between RMB 0.56 billion and RMB 0.91 billion compared with the same period of the year before, with a year-on-year decrease of between 83% and 134% (after the restatement).
Nanjing Xinjiekou Department Store Co Ltd is a China-based company mainly engaged in health and elderly care services. The Company operates six segments. Department segment is principally engaged in the retail business of department stores. Health Care segment's businesses includes home, community, and institutional care services, research and development of hematopoietic stem cell technology, and research and development of cancer cell immunotherapy products. Real Estate segment is mainly engaged in real estate development. The Company also conducts other businesses through Property segment, Hotel segment and Others segment.