Nanjing Central Emporium Stocks Co., Ltd. Provides Earnings Guidance for the First Half of Fiscal Year 2017
June 19, 2017
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Nanjing Central Emporium Stocks Co., Ltd. provided earnings guidance for the first half of fiscal year 2017. For the period, the company predicts an increase of between 220% and 250% in the net profit belonging to shareholders of the listed company in the first half of 2017 compared with the same period of the year before (based on the disclosed statistics according to relevant regulations), with the net profit belonging to shareholders of the listed company to be between RMB 238 million and RMB 260 million.
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.