Inzone s Net Profit Rose 39% to 111 million

Write: Dmitri [2011-05-20]

Inzone reported that it gained 111 million RMB in net profit in 2010, a same-time decrease of 39.27% and it planned to distribute 0.5 yuan (including tax) as cash dividend for every ten shares.

Inzone s operational revenue amounted to 8.795 billion RMB, an increase of 38.29%, and its earnings per share was 0.3906 yuan, 44.57% lower than the previous year. The retailer said that the decline of profit was brought about by its increasing spending on labor and property purchase and more loans from banks.

Inzone aims to gain 10.2 billion RMB in operational revenue in 2011.