Retail Companies Performance Exposure Suffered Profit Decline

A few days ago, Huarun business, Wangfujing department store, Guangzhou friendship, bu bee lotus and so on have announced the 2014 annual earnings report. These old powerful retail entities in the past 2014 suffered collective profits and even losses.

Reporters interviewed by many parties, High cost In the face of the dilemma, the industry is also trying to transform itself or even set foot in the electricity supplier, but the challenge is still small.

This is the major retail sales. Listed company During the period of concentrating the release of financial reports, a large number of famous retail companies showed the "report card" of 2014. However, it is regrettable that most of the physical retail enterprises are not very successful. profit Year-on-year decline is obvious.

Southern China's retail "big guy" Guangzhou friendship recently released 2014 earnings report shows that the company's total revenue last year was 3 billion 363 million yuan, down 17.83% compared to the same period last year, and its net profit attributable to shareholders of listed companies was 263 million yuan, down 14.96% compared to the same period last year.

The famous Wangfujing department store released its 2014 annual report, which showed that the company's operating income was 18 billion 277 million yuan, down 7.64% compared to the same period last year. The net profit attributable to shareholders of listed companies was 636 million yuan, down 8.36% compared with the same period last year. The gross profit margin of the main Department of the department store was 18.47%, only increasing 0.61 percentage points over the same period last year.

Last year, Huarun's business performance, which often made headlines because of the acquisition of Tesco Tesco, was much frustrated. Its performance bulletin recently revealed that as of December 31st last year, the group's net financial losses in the 2014 fiscal year amounted to HK $161 million (about 128 million yuan), while the net profit in 2013 was HK $1 billion 908 million (about 1 billion 524 million yuan), with a negative growth of 108%. It is worth noting that this is the first time that Huarun venture has made a profit loss since its backdoor listing in 1992. Its net profit has dropped by about HK $2 billion (about 1 billion 598 million yuan).

In the same period, in December 31, 2014, the total amount of sales in Hongkong was 15 billion 840 million yuan, down 5.9% compared with the same period in the year of 03308.HK. Same store sales grew 5.5% year-on-year. At the same time, operating profit amounted to 1 billion 322 million yuan, down 12.7% compared with the same period last year, and the company's profits should be 1 billion 82 million yuan, down 12.3% compared with the same period last year.

According to the latest release of lotus flower, the company continued to lose money in 2014, with a loss of 58 million 400 thousand yuan.