Wangfujing Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 23, 2021 at 01:33 pm IST
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Wangfujing Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 8,223.445 million compared to CNY 26,788.840 million a year ago. Operating income was CNY 623.577 million compared to CNY 1,528.051 million a year ago. Net income was CNY 386.733 million compared to CNY 961.336 million a year ago. Basic earnings per share from continuing operations was CNY 0.498 compared to CNY 1.238 a year ago. Diluted earnings per share from continuing operations was CNY 0.495 compared to CNY 1.238 a year ago.
Wangfujing Group Co., Ltd., formerly Beijing Wangfujing Department Store (Group) Co., Ltd., is a China-based company, principally engaged in general merchandise retailing business. The Company operates and manages general department stores, which deal with commodities such as apparels, food, footwear, hats, cosmetics, bedding products and general merchandise, among others. The Company is also engaged in the property leasing business. The Company operates its business through domestic markets.