Wangfujing Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 08:53 am
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Wangfujing Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 4,687.624 million compared to CNY 3,424.685 million a year ago. Operating income was CNY 641.998 million compared to CNY 73.865 million a year ago. Net income was CNY 480.515 million compared to CNY 4.700 million a year ago. Basic earnings per share from continuing operations was CNY 0.619 compared to CNY 0.006 a year ago. Diluted earnings per share from continuing operations was CNY 0.615 compared to CNY 0.006 a year ago.
Wangfujing Group Co., Ltd., formerly Beijing Wangfujing Department Store (Group) Co., Ltd., is a China-based company, principally engaged in general merchandise retailing business. The Company operates and manages general department stores, which deal with commodities such as apparels, food, footwear, hats, cosmetics, bedding products and general merchandise, among others. The Company is also engaged in the property leasing business. The Company operates its business through domestic markets.