Fujian Dongbai Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:04 am EDT
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Fujian Dongbai Group Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 799.745 million compared to CNY 1,863.797 million a year ago. Operating income was CNY 186.488 million compared to CNY 37.774 million a year ago. Net income was CNY 152.652 million compared to CNY 38.597 million a year ago. Basic earnings per share from continuing operations was CNY 0.1755 compared to CNY 0.0432 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.