Global Top E-Commerce Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 05:50 pm IST
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Global Top E-Commerce Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 3,111.302 million compared to CNY 4,496.724 million a year ago. Operating income was CNY 61.444 million compared to CNY 159.927 million a year ago. Net income was CNY 47.747 million compared to CNY 131.287 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.08 a year ago.
Global Top E-Commerce Co.,Ltd., formerly Shanxi Baiyuan Trousers Chain Management Co., Ltd., is a China-based company principally engaged in cross-border e-commerce business. The Company is mainly engaged in cross-border e-commerce exporting business and cross-border e-commerce importing business. The Company distributes apparel and household products, electronic products and other products through its e-commerce distribution platforms. The Company operates its business in domestic and overseas markets, with overseas market as its main market.