Chengdu Hongqi Chain Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 13, 2022 at 03:40 am EDT
Share
Chengdu Hongqi Chain Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,440.67 million compared to CNY 2,260.12 million a year ago. Revenue was CNY 2,440.67 million compared to CNY 2,260.12 million a year ago. Net income was CNY 122.11 million compared to CNY 124.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago.
Chengdu Hongqi Chain Co., Ltd. is a China-based company principally engaged in the operation of regular chain supermarkets. The Company mainly provides daily-used products, cigarettes, wines, food, grains, oil, beverages, clothing, shoes, hats and textiles and others. The Company also provides autobus card recharging service, ticket consignment service, payment of telecommunication and natural gas fee, as well as electronic payment service. The Company conducts its businesses mainly in Sichuan Province, China.