Wangfujing'S Net Profit Attributable To Shareholders Of Listed Companies Fell 3.6%.

< p > recently, Wangfujing released its semi annual report in 2013. The company's revenue grew by 10.61% during the reporting period, and net profit attributable to shareholders of listed companies fell by 3.6% compared with the same period last year.

In the earnings report, Wangfujing pointed out that sales growth in the economically developed regions such as Beijing and Guangzhou was still slower than that in other regions.

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< p > in the department store business, Wangfujing said that the second quarter revenue growth was slightly better than that in the first quarter, and the sales growth of the two-day weekend was better than usual and holiday holidays.

From the sub regional and store type, Beijing, Guangzhou and other economically developed areas sales growth is still lower than other regions, located in Taiyuan, Lanzhou, Kunming and Chengdu cities such as Wangfujing stores maintained a higher sales growth, becoming the main force of the company's overall sales growth.

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< p > comparing Wangfujing's semi annual report in 2012 and 2013, compared with the net profit of 17 million 941 thousand yuan in the first half of 2012, Wangfujing's wholly owned subsidiary, Guangzhou Wangfujing Department Store Co., Ltd. made a net profit of 16 million 674 thousand yuan in the first half of this year, a decrease of 1 million 267 thousand yuan.

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< p > look at the data: in the first half of this year, Wangfujing realized operating income of 10 billion 31 million 872 thousand and 800 yuan, an increase of 10.61% over the same period, and the net profit attributable to shareholders of listed companies was 370 million 381 thousand and 200 yuan, down 3.60% compared to the same period last year.

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< p > interpretation: Wangfujing said that the company's profit declined slightly compared with the same period. On the one hand, the new store opened at the end of 2012 was still in the incubation period, resulting in a substantial increase in the cost of the company's merger. On the other hand, the financial expenses caused by the interest expense of corporate bonds were more common than that of the same period.

According to the financial report, the financial expenses during the reporting period increased by 37.28% over the same period last year.

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