Nanjing Central Emporium Group Stocks Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 10:55 am EDT
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Nanjing Central Emporium Group Stocks Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,063.477 million compared to CNY 540.048 million a year ago. Operating income was CNY 61.562 million compared to operating loss of CNY 50.709 million a year ago. Net income was CNY 33.371 million compared to net loss of CNY 53.383 million a year ago. Basic earnings per share from continuing operations was CNY 0.029 compared to basic loss per share from continuing operations of CNY 0.046 a year ago.
NANJING CENTRAL EMPORIUM (GROUP) STOCKS CO., LTD. is a China-based company, principally engaged in the commodities retailing business. The Company operates regular chain department stores and bulk supermarkets, which deal with shoes and hats, jewelries, watches and clocks, cosmetics, food products, communication products, men's and women's apparels, knitted underwear, household products and household electrical appliances, among others. The Company is also engaged in the development and distribution of real estates, and the provision of tourism services. It operates its businesses primarily in Jiangsu Province, Shandong Province, Henan Province, Hubei Province and Anhui Province, China.