Shanghai Bailian Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 09:59 am
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Shanghai Bailian Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 27,938.120 million compared to CNY 37,356.673 million a year ago. Operating income was CNY 897.767 million compared to CNY 1,372.037 million a year ago. Net income was CNY 436.131 million compared to CNY 717.001 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.4 a year ago.
Shanghai Bailian Group Incorporated Company is a China-based company principally engaged in department store operation. The Company operates general department stores, shopping centers, outlets, supermarkets, convenience stores, chain hypermarkets, specialty chain stores, chain construction material stores and others. Its main businesses include the operation of department stores, supermarkets, shopping centers and outlets. The Company mainly operates businesses in domestic markets.