Shanghai Bailian Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 12:35 am IST
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Shanghai Bailian Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 10,338.469 million compared to CNY 9,581.270 million a year ago. Operating income was CNY 568.199 million compared to CNY 89.605 million a year ago. Net income was CNY 272.637 million compared to CNY 19.116 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.01 a year ago.
Shanghai Bailian Group Incorporated Company is a China-based company principally engaged in department store operation. The Company operates general department stores, shopping centers, outlets, supermarkets, convenience stores, chain hypermarkets, specialty chain stores, chain construction material stores and others. Its main businesses include the operation of department stores, supermarkets, shopping centers and outlets. The Company mainly operates businesses in domestic markets.