Gao Xin Earned 1 Billion 700 Million Yuan In The First Half Of The Year And 102 In The Stores.

< p > > a href= "http:// www.91se91.com/news/index_c.asp" > Gao Xin retail < /a > announced the interim results in 2014. As of June 30th of this year, the group turnover increased by 7.9% to 48 billion 38 million yuan per year.

The profit attributable to shareholders of the company rose by 8.5% to 1 billion 710 million yuan.

The basic earnings per share were RMB 0.18 yuan.

The sales volume of goods sold by the group increased by 7.5% to 46 billion 690 million yuan, mainly due to the group's continued expansion of business through the opening of new stores.

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During the reporting period, the gross profit margin of the group was 10 billion 523 million yuan, an increase of 14% over the same period last year.

Gross profit margin increased from 20.7% in the same period last year to 21.9%.

The gross profit margin of the group is due to a 7.9% increase in turnover, which is 6.3% higher than the increase in the cost of sales, reflecting the ability of the group to improve gross margin through the economic scale.

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< p > < strong > Auchan opened in the first half of the year 1 big RFA new opened 3, < /strong > < /p >

< p > review period, < a href= "http://? www.91se91.com/news/index_c.asp" > group < /a > opened four new comprehensive stores, of which one is the new store of Auchan brand, and another is the three new store of Da Yun FA brand.

Two new stores are located in East China and two in Southern China.

In June 30, 2014, the group had 327 comprehensive stores in the country, with a total floor area of about 9 million 20 thousand square meters, about 65.4% of the rental stores, and 34% of its own a href= "http:// www.91se91.com/news/index_c.asp" > property store < /a > 0.6%.

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< p > there are three cooperation projects between the group and Intel IKEA. The above Wuxi IKEA store is the first cooperation project, and the rest cooperation projects will be located in Beijing and Wuhan.

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< p > in addition, the turnover of Gao Xin's retail rental income was recorded at RMB 1 billion 348 million yuan, an increase of 23.1%, mainly due to the increase in the rental area of new stores and the increase in rental income from existing stores due to the improvement of tenant portfolio management.

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< p > < strong > look for 162 locations to open shop under construction 102, < /strong > /p >

During the P review period, the group continued to actively seek opportunities to open new stores.

In June 30, 2014, through the signing of tenancy or acquisition of land plots, the group has identified and identified 162 locations for the establishment of comprehensive hypermarkets, of which 102 are under construction, so as to ensure sufficient land reserves for extended use in the next 3 to 2016 years, laying a solid foundation for the medium term development of the group.

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< p > < strong > successful launch of the flying bull network is expected to expand to the national level < /strong > /p at the end of the year.

During the "P" review period, the group formally launched the e-commerce business flying bull network and began operation in January 16, 2014.

At present, the distribution range of Fei Niu net covers Shanghai, Jiangsu, Zhejiang and Anhui provinces, and the distribution range is expected to expand to other parts of the country before the end of 2014.

As of June 30, 2014, there were 750000 registered members, of whom 167000 were active members.

The number of self marketable items on the line is 120000, covering fast consumer goods, general merchandise, household appliances, fashion products, mother and baby products and imported products.

In addition, the 40 thousand square meter warehouse dedicated to flying cattle net has been completed in Qingpu District, Shanghai.

With the expansion of distribution scope, the flying bull network will set up warehouses in other parts of the country.

No contribution has been made to our group's net profit.

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