Hunan Friendship&Apollo Commercial Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 30, 2023 at 02:00 pm IST
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Hunan Friendship&Apollo Commercial Co.,Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 523.45 million compared to CNY 953.45 million a year ago. Revenue was CNY 701.58 million compared to CNY 1,121.87 million a year ago.
Net income was CNY 83.81 million compared to CNY 74.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.0601 compared to CNY 0.0536 a year ago. Diluted earnings per share from continuing operations was CNY 0.0601 compared to CNY 0.0536 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.