Shanghai Bailian Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 04:38 am EDT
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Shanghai Bailian Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 18,825.666 million compared to CNY 26,098.518 million a year ago. Operating income was CNY 672.363 million compared to CNY 1,273.282 million a year ago. Net income was CNY 262.602 million compared to CNY 609.112 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.34 a year ago.
Shanghai Bailian Group Incorporated Company is a China-based company principally engaged in department store operation. The Company operates general department stores, shopping centers, outlets, supermarkets, convenience stores, chain hypermarkets, specialty chain stores, chain construction material stores and others. Its main businesses include the operation of department stores, supermarkets, shopping centers and outlets. The Company mainly operates businesses in domestic markets.