Nanjing Central Emporium Stocks Co., Ltd. Provides Earnings Guidance for the Full Year of 2018
January 30, 2019
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Nanjing Central Emporium Stocks Co., Ltd. provided earnings guidance for the full year of 2018. For the period, the company predicts that it will suffer a loss in its net profit belonging to shareholders of the listed company in 2018 compared with the same period of the year before, with the net loss belonging to shareholders of the listed company to be between RMB 250 million and RMB 350 million. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 238 million and RMB 338 million.
NANJING CENTRAL EMPORIUM (GROUP) STOCKS CO., LTD. is a China-based company, principally engaged in the commodities retailing business. The Company operates regular chain department stores and bulk supermarkets, which deal with shoes and hats, jewelries, watches and clocks, cosmetics, food products, communication products, men's and women's apparels, knitted underwear, household products and household electrical appliances, among others. The Company is also engaged in the development and distribution of real estates, and the provision of tourism services. It operates its businesses primarily in Jiangsu Province, Shandong Province, Henan Province, Hubei Province and Anhui Province, China.