日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Gome eyes 15% sales growth

Updated: 2011-08-30 09:40

By Mark Lee and Michael Wei (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

?

Gome eyes 15% sales growth
A Gome Electrical Appliances Holding Ltd store in Shanghai. The company on Monday announced plans to expand aggressively in second-tier markets.[Photo/Bloomberg]

Electronics retailer posts 30% rise in profit as it adds new stores

HONG KONG - Gome Electrical Appliances Holding Ltd, China's second-largest electronics retailer by sales, is seeking to increase annual sales by 15 percent in the coming years, President Wang Junzhou told reporters in Hong Kong on Monday.

The company aims to expand its store network to 2,400 by 2014, up from 938 at the end of June, Wang said.

Smaller cities will be the focus in terms of new stores, Chairman Zhang Dazhong said.

"The group will endeavor to further optimize its store network in first-tier markets, while actively expanding into second-tier markets," Zhang said.

"The group will penetrate into third-tier and fourth-tier markets, which are economically developed, when opportunities arise," he said.

Gome posted a 30 percent gain in first-half profit after opening stores to meet demand boosted by rising wages.

Net income climbed to 1.25 billion yuan ($196 million), the Beijing-based retailer said in a statement to the Hong Kong Stock Exchange on Monday. Sales advanced 20 percent to 29.8 billion yuan.

Zhang became the company's chairman after the unexpected resignation in March of former chairman Chen Xiao, marking the end of a long battle between Chen and the company's founder, Huang Guangyu, who is serving a 14-year jail sentence for bribery and other illegal business practices.

The company, which operates under two major brands, Gome Appliances and China Paradise, closed 19 underperforming stores in the first half but opened 131 new stores, bringing the total number of stores to 938 at the end of June from 826 a year earlier.

The company is adding outlets to narrow the gap with larger rival Suning Appliance Co Ltd in an electronics and appliances market that is forecast to surge 70 percent to 2.14 trillion yuan by 2015 compared with 2010, according to London-based researcher Euromonitor International.

Suning opened 140 new outlets on the Chinese mainland and five stores in Hong Kong from January to June. At the end of June, it operated 1,488 stores - 1,451 on the mainland, 28 in Hong Kong and nine in Japan.

Gome is developing regional logistics centers to support the expansion of its store network and the development of its e-commerce business, it said in its statement.

Shares of Hong Kong-listed Gome rose 3.66 percent to HK$3.4 (44 US cents) on Monday.

The company's stock has risen 21 percent this year, compared with a 14 percent loss for the benchmark Hang Seng Index.

Per capita urban disposable income rose 13.2 percent in the first half and rural cash incomes climbed 20.4 percent, China's statistics bureau said in July.

Gome's same-store sales, which strip out the effect of outlets open less than a year, rose 7.4 percent in the first half, according to the statement.

Gross margin widened to 18.3 percent at the end of June, compared with 17 percent a year earlier, it said.

Suning reported a 25.4 percent increase in its net profit to 2.47 billion yuan in the first half of the year. Suning's sales grew 22.7 percent to 44.2 billion yuan, cementing its leadership in the Chinese market.

Bloomberg News

主站蜘蛛池模板: av免费播放网站 | 九九热在线免费观看 | 四虎黄色网址 | 国产伦精品一区二区三区视频黑人 | 免费a视频在线观看 | 色偷偷资源 | 日韩av手机在线播放 | 9l视频自拍蝌蚪9l成人开放 | 欧美精品亚洲精品 | 国产精品久久久久无码av | 久久久久久久麻豆 | 免费国产一区 | 亚洲成熟少妇视频在线观看 | 亚洲图片在线播放 | 91国内揄拍国内精品对白 | 国产在线观看精品 | 亚洲成人精选 | 8x8x华人在线观看 | 人人干人人插 | 激情综合亚洲 | av在线大全 | 久久不卡av | 99热国产在线 | 久久国产在线视频 | 国产精品一二三 | 午夜av片| 麻豆映画在线观看 | 深爱综合网 | 毛片视频播放 | 国产精品久久久亚洲 | 香蕉视频网站在线观看 | 香蕉视频成人 | 精品久草 | 欧美男人天堂网 | 香蕉视频破解 | 日韩毛片在线看 | 天天干在线观看 | 色av影院| 一级久久久久 | 欧美成人黄色网 | 99久久这里只有精品 |