Nanning Department Store Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:00 am EDT
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Nanning Department Store Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 168.33 million compared to CNY 196.49 million a year ago. Revenue was CNY 168.33 million compared to CNY 196.49 million a year ago. Net loss was CNY 4.08 million compared to net income of CNY 1.03 million a year ago. Basic loss per share from continuing operations was CNY 0.0075 compared to basic earnings per share from continuing operations of CNY 0.0019 a year ago. Diluted loss per share from continuing operations was CNY 0.0075 compared to diluted earnings per share from continuing operations of CNY 0.0019 a year ago.
Nanning Department Store Co., Ltd. is a China-based company principally engaged in the commodity retailing business. The Company is mainly engaged in the operation of department stores and supermarkets, as well as the retailing of general merchandise, household electrical appliances, men's and women's apparels, shoes and hats, food and cosmetics. The Company operates its businesses primarily in Guangxi, China.