Red Flag Chain Revenue In The First Half Of 3 Billion 829 Million, An Increase Of 5.89%

On August 20th, the Chengdu red flag Limited by Share Ltd released the first half of 2019.

According to the financial report, the company's revenue in the first half of the year was 3 billion 829 million yuan, an increase of 5.89% over the same period last year, net profit of 237 million yuan, an increase of 52.93% over the previous year, and net profit of 230 million yuan after deducting non profits, an increase of 48.21% over the same period last year. In addition, the value added business in the first half of 2019 was 3 billion 68 million 861 thousand and 900 yuan, down 0.15% from the same period last year.

Among them, the daily income of daily necessities was 600 million yuan, down 0.49% compared with the same period last year. The operating income of tobacco and alcohol was 1 billion yuan, an increase of 0.51% compared with the same period last year. The income of food business was 1 billion 900 million yuan, an increase of 7.64% over the previous year, while other business income was 316 million yuan, an increase of 11.48% over the same period last year.

In the first half of 2019, the company accelerated the development of the market and further in-depth network layout. It is understood that as of June 30, 2019, the company has 2958 stores, during the reporting period, the company opened 168 new stores, closed 27 stores, the company mainly to operate convenience supermarkets, the average area of shops around 200 square meters.

Red flag chain said that during the reporting period, the company added three service businesses, namely, collecting gas fees from Chengdu gas and large industrial and commercial households, collecting parking fees for Chengdu trading and leasing electric power. In addition, a number of value-added businesses have reached a cooperation intention and will soon be launched in the second half of the year.

In addition, since the start of the Hongqi cloud big data platform, the company's data analysis has been visualized, mobile and dynamic intelligent. During the reporting period, the company further optimized and perfected the red flag cloud data platform, improved the level of financial management and information management, and improved the accuracy and completeness of data.