2013-09-23
China's Jingkelong Net Profit Down 37% In H1 2013
Beijing-based supermarket retailer Jingkelong published its semi-annual performance report, stating that its net profit decreased by 37.7% from CNY77.632 million in the same period of 2012 to CNY48.365 million. According to the financial report, Jingkelong's revenue from major businesses was CNY4.7 billion, a year-on-year increase of 4.5%; however, its revenue from major retailing businesses decreased […]