Source: Hong
Kong Stock Exchange, ChinaScope
Financial (Data)
+
GOME Electrical Appliances Holdings Ltd.
(493.HK) released its 2011 annual report on March 27. The report shows that
GOME made CNY 59.82 billion in revenue, a 17.5% year-on-year increase while net
profit margin fell 6.2% year-on-year, to CNY 1.84 billion.
+
The number of GOME-owned stores increased from
826 in 2010 to 1,079 in 2011. Same store sales growth increased 3.06% YoY in
2011.
GOME (0493. HK) is continuing closing down stores with limited profitability, albeit at a slower pace than previously. Meanwhile, the company has started rapid store expansion again.
Other News Headlines:
n Profit of Industrial Enterprises Fell 5.2% YoY in Jan-Feb 2012
n Mengniu Dairy: Net Profit Increases 28.4% to CNY 1.59 Billion in 2011
n GOME: Net Profit Drops 6.2% YoY to CNY 1.84 Billion in 2011
n Western Securities’ IPO Review Completed
If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us:newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here
No comments:
Post a Comment