Dashang Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:27 pm EDT
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Dashang Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,203.34 million compared to CNY 2,463.15 million a year ago. Revenue was CNY 2,203.34 million compared to CNY 2,463.15 million a year ago. Net income was CNY 234.07 million compared to CNY 289.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.82 compared to CNY 0.99 a year ago. Diluted earnings per share from continuing operations was CNY 0.82 compared to CNY 0.99 a year ago.
DASHANG CO., LTD. is a China-based company principally engaged in the commodity retailing business. The Company mainly provides men's and women's apparels, cosmetics, jewelries, watches and clocks, shoes, underwear, household products, household electrical appliances, drinks, food products and fruits through regular chain department stores, supermarkets and household electrical appliance stores. The Company mainly operates its business in domestic markets.