Is Hasen'S Gross Profit Margin Falling Down On The Industry As A Whole?

13 days, Hasen The commerce and trade (China) Limited by Share Ltd (hereinafter referred to as Hasen commerce) has released a summary of the 16 and a half years' reports. The report shows that net profit attributable to shareholders of listed companies has dropped by 37.44% compared with the same period last year, and the operating income has dropped by 17.08% compared with the same period last year.

According to detailed data, Hasen's net profit attributable to shareholders of listed companies was 54 million yuan, compared with 86 million yuan in the same period last year, down 37.44% from the same period last year. The operating income was 866 million yuan, down 17.08% from 1 billion 40 million yuan in the same period last year; net profit attributable to shareholders of listed companies after deducting non recurring gains and losses was 50 million yuan, and 66 million yuan in the same period last year, a decrease of 24.35% over the same period last year.

The picture is from the Hasen business (China) Limited by Share Ltd 2016 annual report summary.

Hasen Commerce The performance changes have been explained: the company has been shut down by some of the poor business prospects due to the decline in the overall performance of the industry. Store Promotion Advertising and decoration costs have also been reduced accordingly.