Gome expects net profit to rise 40% year-on-year in 2014

When the industry is concerned about Gome's continued profitability. Gome issued a notice today that as of December 31, 2014, Gome listed companies part of the overall gross profit margin is expected to exceed 18%, net profit is expected to exceed 2%, the expected net profit will increase by about 40% Year-on-year.

Gome's profit growth is mainly supported by its low-cost and efficient supply chain, as well as the development of an open whole-channel retailer strategy, which has continued to improve the company's operational capabilities.

The bulletin shows that, based on the initial review of the management accounts, Gome listed companies in the reporting period of sales revenue than the same period last year, where the line of comparable store sales revenue growth is expected to be between 4.5% to 5%, E-commerce's total turnover (including platform transaction amount) is expected to increase than the same period last year over 80%, The total volume of e-commerce in the quarter is expected to rise by more than 100% over the same period last year.

Gome President Wang Junzhou said that in the future gome will continue to promote the overall expansion of open channel retailer Strategy, through the four unified platform, namely, procurement, logistics, information systems and financial services platform to accelerate offline, online, mobile and other social channels to develop the entire channel, Give full play to the company's low-cost and efficient supply chain core advantages, and continuously improve the profitability of the group.