Nanjing Central Emporium Stocks Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 11:05 am EDT
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Nanjing Central Emporium (Group) Stocks Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 685.9 million compared to CNY 1,063.48 million a year ago. Revenue was CNY 685.9 million compared to CNY 1,063.48 million a year ago. Net income was CNY 10.62 million compared to CNY 33.37 million a year ago. Basic earnings per share from continuing operations was CNY 0.009 compared to CNY 0.029 a year ago. Diluted earnings per share from continuing operations was CNY 0.009 compared to CNY 0.029 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.