Retailing, Franchising, and Consumerism Business Intelligence in China

profit





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Wumart: Net Profit Up 63% In 2008

Chinese supermarket and convenience store retailer Wumart Stores has published its annual financial report for 2008 and states that its net profit increased by 63% to CNY490 million in 2008.


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Giordano Made HKD311 Million Net Profit In 2008

The Hong Kong-listed casual apparel retailer Giordano International has published its annual financial report for 2008 and states that its revenue in 2008 increased by 6.3% to HKD4.71 billion while its net profit reached HKD311…


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Beijing Hualian Retail Profits Down 47.49% In 2008

Beijing-based supermarket and department store retailer Hualian has published its annual report for 2008, which states that its revenue increased by 16.43% to CNY8.618 billion in the period while its profits decreased by 47.49% to…




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Xtep Plans To Open 1,100 New Stores In 2008

Xtep, the Fujian-based sports apparel brand, has published its financial report, which says that by June 30, 2008, the company has made net profits of CNY255 million, a year-on-year increase of 214%.