News Column

GOME 2013 Performance Greatly Improved

January 21, 2014

BEIJING , January 21 , SinoCast -- GOME Electrical Appliances Holding Limited (SEHK: 0493) revealed great improvement of profitability in 2013, with net profit margin expected to rise from a year earlier. Overall gross margin may surpass 18%. Operational expenses have been effectively controlled and performance boosted, reflecting that O2O strategy adopted by the Chinese home appliance retailer has taken effect. Robust performance in 2013 resulted from O2O strategy adhered to by GOME, backed up by low-cost and high-efficiency supply chain.

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Source: Sinocast Computers & Electronics Beat (China)

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