Suning Electric net profit growth lost to Gome

Source: Internet
Author: User
August 30, Suning Appliance released the 2010 half-year results announcement, the first half of the total operating income of 36.055 billion yuan, an increase of 31.9%; The net profit of the shareholders of the listed company is 1.973 billion yuan, the increase of 56.03%.  For the growth of performance, Suning Appliance believes that the main benefit from the chain network at home and abroad steady expansion, sales scale operating efficiency and steady growth factors.  Over the same period, Gome achieved net profit of 962 million yuan, up 65.86% year-on-year, sales revenue of 2.487 billion yuan, up 21.55% year-on-year. January-June, Suning appliances new level above the city 14, net increase chain stores 134, the mainland market chain total of 1075.  By the end of June, Suning has a total of 1101 stores in China and Japan.  Benefiting from home appliances "to replace the old", "home appliances to the countryside", "energy efficiency subsidy" and a series of consumption policies to stimulate domestic demand, the report period, suning to achieve total operating income of 36.055 billion yuan, of which the main business revenue of 35.495 billion yuan, year-on-year growth of 31.9%, 32.98% respectively. During the reporting period, Suning realized operating profit of 2.644 billion yuan, total profit of 2.633 billion yuan, belong to the shareholders of the listed company net profit of 1.973 billion yuan, year-on-year growth of 55.29%, 53.65%, 56.03%, Gome's operating profit increased by 86.14% Year-on-year,  Reached 124 million yuan. As a result of the expansion of the company's chain network and the further improvement of management efficiency, Suning is expected to 30%~50% the net profit of the parent company in 2010 1 ~ September.

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