The Loss In The First Half Of The Department Does Not Affect The Expansion Trend.

< p > after last year's profit plunge 41%, the latest interim results of < a href= "http://www.91se91.com/news/index_c.asp" > Yong Wang < /a > (Hongkong) department store show that revenue in the first half of this year increased by 15.9% to HK $4 billion 150 million, but shareholders accounted for 26 million 340 thousand Hong Kong dollars. In the same period last year, the company's net profit was HK $133 million. < /p >
< p > however, such dismal performance did not affect Yong Wang in Hua Kuozhang. It is reported that by 2020, the total number of shopping centres in China will reach 200. At the same time, in recent rumors about Parke's search for buyers, AEON was also regarded as a potential bidder and the highest success rate in the market. < /p >
< p > < strong > loss HK $26 million 340 thousand < /strong > /p >
< p > Yong Wang (Hongkong) < a href= "http://www.91se91.com/news/index_c.asp" > department store < /a > the first half of the year is not as expected, shareholders' profits appear net loss. In this regard, Chen Peiwen, managing director of the company, frankly, whether Hongkong or the mainland, the company has been hit by the economic slowdown, resulting in new store revenue is not as expected, while operating costs rise. At present, AEON has adjusted its pace to slow down shop opening and improve the efficiency of its stores. It is hoped that profits will improve in the second half of this year. < /p >
< p > in fact, net profit decline is becoming a common situation in the supermarket industry. DDT's "China retail force 2013" released by DDT shows that the net profit of Listed Companies in the retail industry decreased by 7.7% last year, the annual income of employees increased by 5%-10%, the average rental rate of commercial real estate increased by 3%-5% per year, and the average annual rent increase of gold business circle reached 10%. "Per capita wages and rents rose at the same time, which means that retail businesses will grow at least 8% in order to ensure a stable sales cost." Long Yongxiong, DDT's China consumer industry partner, said. < /p >
< p > < strong > potential buyers of PARKnSHOP supermarket < /strong > /p >
< p > the downturn of the supermarket industry is accelerating the transformation of the industry. It is reported that in the rumors about Parke's search for buyers, AEON has also become a potential bidder. "The possibility of Yong Wang's accession to paramount is also on the rise." A banker revealed that for WAL-MART, its overlap with Parker's business is not high enough; for Australia's W esfarm ers, the size of Parker is too large; Carrefour itself is seeking to sell Chinese business; Huarun is boycotted by Hongkong consumers. In contrast, Yong Wang had acquired DAE Rong supermarket in Japan and actively invested overseas. If the acquisition of Yong Wang is successful, 95 stores in Hongkong will expand its financial network. At the same time, its annual cash flow of up to 20 billion will also significantly reduce the A EO N finance company's lending to banks at high interest rates. < /p >
This year, Yong Wang has unified the brand name of JU SC O (Jusco Island, a href= "http://www.91se91.com/news/index_c.asp" > "Jia Shi Er" /a ") in China, and is named A EO N (Yong Wang)." P " With the unification of the brand, its business in China is also accelerating. The reporter learned that, in the second half of 2013, the Guangzhou Panyu Qinghe project will start soon, while Guangzhou Jinshazhou and Foshan Ronggui project will open in 2014. < /p >