Fujian Dongbai Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:46 pm EDT
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Fujian Dongbai Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 397.586 million compared to CNY 983.043 million a year ago. Operating income was CNY 20.333 million compared to CNY 37.733 million a year ago. Net income was CNY 18.766 million compared to CNY 31.311 million a year ago. Basic earnings per share from continuing operations was CNY 0.0216 compared to CNY 0.0349 a year ago.
Fujian Dongbai Group Co Ltd is a China-based company principally engaged in commodity retailing, as well as the development and sales of real estates. The Company distributes household electrical appliances, cosmetics, cigarettes, wines, general merchandise and others through its regular chain department stores. In addition, the Company is also engaged in property leasing, property management, supply chain trading, as well as the provision of hotel, catering and advertising information services. The Company principally conducts its businesses within domestic market.
FUJIAN DONGBAI (GROUP) CO.,LTD. 
