Fujian Dongbai Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 03:53 am EDT
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Fujian Dongbai Group Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 4,100.058 million compared to CNY 2,996.951 million a year ago. Operating income was CNY 466.421 million compared to CNY 372.658 million a year ago. Net income was CNY 330.152 million compared to CNY 261.993 million a year ago. Basic earnings per share from continuing operations was CNY 0.3743 compared to CNY 0.2917 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.