Gome's first quarter net profit of 268 million yuan

Absrtact: May 19 News, Gome (micro-blog) released today's first quarter results show that revenue of 13.351 billion yuan, an increase of 8.21%, attributable to the parent company net profit of 268 million yuan, an increase of 252.6%. In the first quarter of the 2014 fiscal year ended March 31, Gome (Weibo

May 19 News, Gome (micro-blog) announced today's first quarterly results show that revenue of 13.351 billion yuan, an increase of 8.21%, attributable to the parent company net profit of 268 million yuan, an increase of 252.6%.

In the first quarter of the fiscal year ended March 31, Gome (micro-blog) revenue of 13.351 billion yuan, compared with the same period last year 12.338 billion yuan growth of 8.21%

Overall gross profit rose 0.58% from 17.58% last year to about 18.16%.

The profit of operating activities was about $233 million, up 275.81% from $62 million in the same period last year.

The owner of the parent company should account for about 268 million of the profit, representing a 252.63% increase over the same period last year.

Gome President Wang Junzhou said: "The growth of Gome's performance is the group's" o2m full channel retailer "strategy under the guidance of China's home appliance retail business Drive. ”

Gome Public Information revealed that its exclusive difference in the overall product driven by a comprehensive gross profit rate of 0.6% to 18.2%; at the same time, the cost of a low-cost and efficient supply chain has been driven down by about 0.7% to 16.4% per cent year-on-year. Among them, the same store sales revenue growth reached 8.1%. Overall online turnover grew by about 40% per cent year-on-year, and daily average visits increased by about 45%. The overall gross margin on the line rose to 7.2%, up 1.1% from the end of last year.

Gome Group said that the future will be the rapid development of mobile clients and social networking platform cooperation. Gome Group expects that by the end of 2014, the country will achieve "three-day, precision delivery, delivery synchronization" of the highest standards in the industry, and gradually expand to more than 400 cities. Gome's existing 428 logistics warehousing and national distribution network, 1588 stores network distribution points.