News Column

Better Life H1 Net Up 13%

July 31, 2014

HUNAN, July 31, SinoCast -- Better Life Commercial Chain Share Co., Ltd. (SZSE: 002251) revealed operating revenue of CNY 6.438 billion in the first half of 2014, rising 11.36% from a year earlier. Net profit reached CNY 277 million, hiking 13.33%, amid depression for traditional retailing industry.

The company operates supermarkets, department stores and home appliance retail chains to react to fierce competition, with 58% operating revenue from supermarkets and 30% from department stores.

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Source: Sinocast Consumer Products Beat (China)

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