Ginza Group Revenue In The First Half Of 6 Billion 403 Million, Down 5.28%

Recently, Ginza group Limited by Share Ltd released its semi annual financial report for 2019. According to the financial report, in the first half of 2019, the company achieved operating income of 6 billion 403 million yuan, down 5.28% compared to the same period last year.

Among them, business income was 6 billion 369 million yuan, 5.71% lower than the same period last year; net profit was 68 million yuan, down 4.63% compared with the same period last year; net profit after deducting non profits was 59 million yuan, an increase of 2.51% over the same period last year.

In the first half of the year, the net profit attributable to the owners of the parent company was 68 million yuan, down 4.63% from the same period last year. The reason for the decline in net profit attributable to the parent company owners is mainly due to the non recurring gains and losses. The net profit of the company after deducting the deduction from the owners of the parent company is 59 million yuan, an increase of 2.51% over the same period last year.

During the reporting period, the company mainly engaged in commodity retail business, department stores, large supermarkets, shopping centers three kinds of business format differentiation and coordinated development.

It is understood that in the supermarket, the company will speed up the breakthrough in fresh food distribution, strengthen drainage, strengthen the authorization, and release some fresh products such as introduction, adjustment and approval. At the same time, the company also strengthened cooperation with key projects.

The company said that in the first half of 2019, it opened 2 new stores in Linyi and Tai'an, closed Linqu Huaxing Dongcheng store, Linqu Huaxing paper shop and Ji'nan Ming Lake store 3 stores. As of the date of deliberation, there are a total of 177 retail stores owned and managed by the company. Among them, the company owns 130 stores (24 stores in Huaxing shopping center, Linqu, Weifang), covering 12 cities and 12 provinces in Shandong province and Hebei province. Future Ltd will continue to expand its distribution.