Fujian Dongbai Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 05:59 am EDT
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Fujian Dongbai Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 2,753.259 million compared to CNY 1,842.223 million a year ago. Operating income was CNY 319.885 million compared to CNY 97.481 million a year ago. Net income was CNY 240.749 million compared to CNY 39.849 million a year ago. Basic earnings per share from continuing operations was CNY 0.2717 compared to CNY 0.0444 a year ago.
Fujian Dongbai Group Co Ltd is a China-based company principally engaged in commodity retailing, as well as the development and sales of real estates. The Company distributes household electrical appliances, cosmetics, cigarettes, wines, general merchandise and others through its regular chain department stores. In addition, the Company is also engaged in property leasing, property management, supply chain trading, as well as the provision of hotel, catering and advertising information services. The Company principally conducts its businesses within domestic market.
FUJIAN DONGBAI (GROUP) CO.,LTD. 
