Wuhan Department Store Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 01:21 pm IST
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Wuhan Department Store Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,688.173 million compared to CNY 8,875.002 million a year ago. Operating loss was CNY 51.336 million compared to operating Income of CNY 797.624 million a year ago. Net loss was CNY 42.370 million compared to net income of CNY 599.886 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.79 a year ago.
Wushang Group Co Ltd, formerly Wuhan Department Store Group Co Ltd, is a China-based company mainly engaged in merchandise sales business in shopping malls and supermarkets. The Company operates through department stores and supermarket chains. The Company is also engaged in real estate business. The Company mainly sells fruits and vegetables, livestock products, aquatic products, daily ingredients, grain and oil, seasonings, leisure food, beverages, cosmetic washing, shoes and hats, needle cotton, leisure department stores and other commodities. The Company mainly conducts its businesses in Hubei Province, China.
WUSHANG GROUP CO., LTD. 
