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lianhua supermarket hldgs -h (980) Details

Lianhua Supermarket Holdings Co., Ltd., together with its subsidiaries, operates supermarkets, hypermarkets, and convenience stores primarily in the eastern region of the People's Republic of China. The company operates its stores under the Century Mart, Lianhua Supermarket, Hualian Supermarket, and Lianhua Quik brands. It is also involved in the sale of merchandise to wholesalers; and provides logistic services for wholesale business, as well as franchises its stores. In addition, the company sells its products through Internet. As of December 31, 2015, it operated a total of 3,883 outlets spanning 19 provinces and municipalities. The company was founded in 1991 and is based in Shanghai, the People’s Republic of China. Lianhua Supermarket Holdings Co., Ltd. is a subsidiary of Shanghai Bailian Group Co., Ltd.

45,353 Employees
Last Reported Date: 09/29/16
Founded in 1991

lianhua supermarket hldgs -h (980) Top Compensated Officers

Chief Executive Officer and General Manager
Total Annual Compensation: CNY500.0K
Chief Financial Officer, Chief of Financial A...
Total Annual Compensation: CNY447.0K
Vice Chairman, Member of Nomination Committee...
Total Annual Compensation: CNY440.0K
Vice Chief Executive Officer and Deputy Gener...
Total Annual Compensation: CNY430.0K
Deputy General Manager
Total Annual Compensation: CNY453.0K
Compensation as of Fiscal Year 2015.

lianhua supermarket hldgs -h (980) Key Developments

Lianhua Supermarket Holdings Co. Ltd. Provides Group Earnings Guidance for the Nine Months Ended 30 September 2016 and Full Year Ending 31 December 2016

The Board of Lianhua Supermarket Holdings Co. Ltd. informed the shareholders of the company and potential investors that the group's net loss for the nine months ended 30 September 2016 is expected to increase by approximately 20% to 40% as compared to that of the nine months ended 30 September 2015. Such expected increase in loss for the nine months ended 30 September 2016 is mainly attributable to shrinking market demand and intensified competition of online and offline retailers due to diversified shopping channels, which led to a decrease in the revenue of the company from sales of merchandise. As a result, it is anticipated that the financial results of the company for the twelve months ending 31 December 2016 is likely to assume the net loss trend.

Lianhua Supermarket Holdings Co. Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Lianhua Supermarket Holdings Co. Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the six months, the company reported turnover of RMB 14,083,485,000 against RMB 14,077,536,000 a year ago. Profit before taxation was RMB 185,416,000 against RMB 196,283,000 a year ago. Profit for the period attribute to owners of the company was RMB 2,944,000 or RMB 0.003 basic and diluted per share against RMB 21,007,000 or RMB 0.019 basic and diluted per share a year ago. Net cash used in operating activities was RMB 145,840,000 against RMB 296,698,000 a year ago. Addition of property, plant and equipment and construction in progress was RMB 169,925,000 against RMB 209,826,000 a year ago.

Lianhua Supermarket Holdings Co. Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Lianhua Supermarket Holdings Co. Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the six months, the company reported turnover of RMB 14,083,485,000 against RMB 14,077,536,000 a year ago. Profit before taxation was RMB 185,416,000 against RMB 196,283,000 a year ago. Profit for the period attribute to owners of the company was RMB 2,944,000 or RMB 0.003 basic and diluted per share against RMB 21,007,000 or RMB 0.019 basic and diluted per share a year ago. Net cash used in operating activities was RMB 145,840,000 against RMB 296,698,000 a year ago. Addition of property, plant and equipment and construction in progress was RMB 169,925,000 against RMB 209,826,000 a year ago.

 

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