Business Intelligence on Retailing, Franchising, and Consumerism in China


Beijing Wumart Publishes H1 2009 Financial Report

Beijing-based supermarket chain Wumart Stores has published its financial report for the first half of 2009, stating that its sales through individual stores increased by 3.52% during the period.

According to the report, Wumart's total revenue in the first six months of 2009 reached CNY5.705 billion, an increase of 22.9% compared with the same period in 2008; its gross profit was CNY1.089 billion, a year-on-year increase of 34.7%; and net profit was CNY233.157 million, a year-on-year increase of 21.6%.

At the same time, the number of its retail outlets increased to 424 by June 30, 2009, including 107 hypermarkets and 317 convenience stores, and the sales of its individual stores increased by 3.52% over the previous year.






Be the first to comment on "Beijing Wumart Publishes H1 2009 Financial Report"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco