Hunan Friendship&Apollo Commercial Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 03:46 am EDT
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Hunan Friendship&Apollo Commercial Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1.626 million compared to CNY 1.431 million a year ago. Sales was CNY 1.626 million compared to CNY 5,301.580 million a year ago. Sales was CNY 4,411.139 million compared to CNY 1.431 million a year ago. Sales was CNY 4,411.139 million compared to CNY 5,301.580 million a year ago. Operating income was CNY 326.094 million compared to CNY 615.137 million a year ago. Net income was CNY 322.138 million compared to CNY 493.040 million a year ago. Basic earnings per share from continuing operations was CNY 0.2311 compared to CNY 0.3501 a year ago.
Hunan Friendship&Apollo Commercial Co., Ltd. is a China-based company, principally engaged in commodity retailing business. The Company operates department stores and shops in Hunan province, China, including Friendship Shop, Spring, Friendship&Apollo Appliance and F&A Spring , among others, which deal with cosmetics, perfumes, household products, decorations, clocks and glasses, men's and women's apparels, accessories, knitted and textile products, footwear and hats, bags, children's apparels, toys, sports products, leisure products, stationeries, teas, pharmaceuticals, household electrical appliances, air conditioners, audio and video electronics, as well as communication devices, among others. Through its subsidiaries, it also engages in the household electrical appliance sales, hotel operation, as well as loan and guarantee businesses.