Hunan Friendship&Apollo Commercial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 10, 2019 at 02:12 pm
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Hunan Friendship&Apollo Commercial Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 1.931 million compared to CNY 2.444 million a year ago. Sales was CNY 1.931 million compared to CNY 7,256.564 million a year ago. Sales was CNY 7,218.250 million compared to CNY 2.444 million a year ago. Sales was CNY 7,218.250 million compared to CNY 7,256.564 million a year ago. Operating income was CNY 508.212 million compared to CNY 671.395 million a year ago. Net income was CNY 453.515 million compared to CNY 565.110 million a year ago. Basic earnings per share from continuing operations was CNY 0.324 compared to CNY 0.402 a year ago.
Hunan Friendship&Apollo Commercial Co., Ltd. is a China-based company, principally engaged in commodity retailing business. The Company operates department stores and shops in Hunan province, China, including Friendship Shop, Spring, Friendship&Apollo Appliance and F&A Spring , among others, which deal with cosmetics, perfumes, household products, decorations, clocks and glasses, men's and women's apparels, accessories, knitted and textile products, footwear and hats, bags, children's apparels, toys, sports products, leisure products, stationeries, teas, pharmaceuticals, household electrical appliances, air conditioners, audio and video electronics, as well as communication devices, among others. Through its subsidiaries, it also engages in the household electrical appliance sales, hotel operation, as well as loan and guarantee businesses.