Suning three quarter net earn 3.4 billion yuan

Yesterday, Suning Appliance released three quarterly bulletin, the company in the first three quarters of this year to achieve net profit of 3.422 billion yuan, an increase of 21.03% per cent, which contributed net profit in the third quarter of 948 million yuan, the year-on-year increase of 10.94%.　　Suning Appliances also said that with the four quarter to accelerate the expansion of the chain network, and vigorously develop E-commerce, sales will be steadily increased, the annual net profit is expected to be 4.011 billion yuan on the basis of 20% to 25% growth. According to the three quarterly bulletin, Suning Electric appliances in the third quarter to achieve total operating income of 23.394 billion yuan, an increase of 28.21%. In the chain development, suning third quarter net increase of 86 chain stores.　　As of September 30, suning electrical appliances in China, Hong Kong, the Japanese market has a total of 1575 chain stores. The stock price of suning went low yesterday, and after the opening, the shares fell sharply, dropping 4.44% in the whole day. Silver Teng Forward-looking Financial analyst Xudong Analysis said, Suning Electric line business stable growth, online platform Suning easy to buy gradually exerting force, stock fundamentals unchanged. However, in the context of large consumption of suning appliances as a strong variety, has always been the institutional capital in and out of frequent, yesterday's stock price fluctuations may be in the market at the bottom of the institutional funds drawn from. Responsible Editor: NF074