Nanjing Central Emporium Stocks Co., Ltd. Provides Earnings Guidance for the Year 2017
January 30, 2018
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Nanjing Central Emporium (Group) Stocks Co., Ltd. provided earnings guidance for the year 2017. According to preliminary statistics of its financial department, the Company predicts that the net profit belonging to shareholders of the listed company in 2017 will be between RMB 236.6 million and RMB 295.72 million, which is expected to increase by between RMB 118.3 million and RMB 177.42 million with an increase of between 100% and 150% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 273.31 million and RMB 330.76 million, which is expected to increase by between RMB 142.15 million and RMB 199.6 million with an increase of between 108% and 152% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
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.
NANJING CENTRAL EMPORIUM (GROUP) STOCKS CO., LTD. 
