Nanjing Central Emporium Group Stocks Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:58 pm EDT
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Nanjing Central Emporium Group Stocks Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,165.257 million compared to CNY 2,176.837 million a year ago. Operating loss was CNY 50.709 million compared to operating Income of CNY 27.562 million a year ago. Net loss was CNY 53.383 million compared to net income of CNY 4.663 million a year ago. Basic loss per share from continuing operations was CNY 0.046 compared to basic earnings per share from continuing operations of CNY 0.004 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.
NANJING CENTRAL EMPORIUM (GROUP) STOCKS CO., LTD. 
