Wangfujing Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 09:12 am
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Wangfujing Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 7,009.49 million compared to CNY 5,770.81 million a year ago. Revenue was CNY 7,009.49 million compared to CNY 5,770.81 million a year ago. Net income was CNY 589.1 million compared to CNY 196.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.759 compared to CNY 0.254 a year ago. Diluted earnings per share from continuing operations was CNY 0.755 compared to CNY 0.254 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.