Wangfujing Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 22, 2022 at 06:52 am EDT
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Wangfujing Group Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 12,701.91 million compared to CNY 11,487.68 million a year ago. Revenue was CNY 12,753.08 million compared to CNY 11,535.55 million a year ago. Net income was CNY 1,340.24 million compared to CNY 338.78 million a year ago. Basic earnings per share from continuing operations was CNY 1.364 compared to CNY 0.347 a year ago. Diluted earnings per share from continuing operations was CNY 1.358 compared to CNY 0.345 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.