Guangzhou Grandbuy Co Ltd., a commodity retailing business operator based in Guangzhou, Guangdong Province, on Oct. 14 posted RMB 1.26 billion-operating revenue for the third quarter of this year, reflecting a year-on-year increase of 24.82% Net profit, however, slid 0.18% year to year to RMB 36.77 million.
In the first nine months of this year, the company earned nearly RMB 4 billion in operating revenue and RMB 129 million in net profit, and its earnings per share were RMB 0.77, up 1.32% year on year.
As of Sep. 30, the enterprise had RMB 2.97 billion in total assets, whereas it had RMB 2.64 billion at the end of last year.
The Shenzhen-listed firm also forecasted that its net profit for 2010 will grow up to 15% year on year.
In the first nine months of this year, the company earned nearly RMB 4 billion in operating revenue and RMB 129 million in net profit, and its earnings per share were RMB 0.77, up 1.32% year on year.
As of Sep. 30, the enterprise had RMB 2.97 billion in total assets, whereas it had RMB 2.64 billion at the end of last year.
The Shenzhen-listed firm also forecasted that its net profit for 2010 will grow up to 15% year on year.
Source: China Knowledge
