Suningyun Business net profit 734 million yuan fell 58%

Suningyun (002024) Thursday after the announcement of the semi-annual report, the company achieved a net profit of 734 million yuan in the first half, down 58.17% year-on-year, earnings per share of 0.1 yuan. This January-June, the company realized operating income of 55.533 billion yuan, an increase of 17.67%, including fees and commission income of 1.314 million yuan. The report shows that in the first half of the year, Suningyun business in the mainland, 2 new cities, new chain stores 28, close/replacement chain of 120, the chain in Hong Kong to further improve the layout, the new chain 2, continuous optimization of the Japanese market chain layout, replacement/closure of 1 stores. As of the end of the reporting period, the company owns 1614 chain stores in mainland China, Hong Kong and Japan market. The company said that its store structure further optimization, flagship stores, central stores accounted for 47.14%, compared to the beginning of the year up nearly 0.92%. Suningyun Business said, with the line under the operation of the integration, as well as the effective promotion of sales to increase promotional efforts to raise the level of Mao's interest rate has a certain impact, at the same time, the company to strengthen the effectiveness of people, ping effect of a series of optimization measures to gradually show the effect of operating cost Data show that, in the reporting period, in order to promote online sales, the company to strengthen promotional efforts to carry out a large number of pre-recharge activities, resulting in the report at the end of the period of the end of the receivables increased by 57.29%.