2013-06-12
China's Gome Gross Margin Declines While Closing 43 Stores In Q1 2013
Gome Electrical Appliances Holding Limited published its performance results for the first quarter of 2013, stating that its sales reached CNY12.338 billion, a year-on-year increase of 18.2%; and its net profit was CNY76.33 million while it made losses of CNY13.1 million in the same period of last year. However, the company's gross margin decreased from [...]