Fujian Dongbai Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:20 am EDT
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Fujian Dongbai Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,252.291 million compared to CNY 2,753.259 million a year ago. Operating income was CNY 200.076 million compared to CNY 319.885 million a year ago. Net income was CNY 156.219 million compared to CNY 240.749 million a year ago. Basic earnings per share from continuing operations was CNY 0.1796 compared to CNY 0.2717 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. 
