Wuhan Wushang Group released 2010 annual report

Write: Abejundio [2011-05-20]

Wuhan Wushang Group released its annual report of 2010, showing that the company gained 17.25 billion RMB in total sales volume, an increase of 27.55%; 10.537 billion in operating revenue, up by 32.75%; 526 million RMB in profit, 22.90% higher than that of the previous year; and 294 million RMB in net profit that should be submitted to its parent company, rising 22.95%.

Wushang opened 8 wholesale stores and improved 6 existing ones. By the end of 2010, it has a total number of 75 wholesale stores, with a business area of 680,000 m². 36 of them are located in major cities in Hubei Province, giving Wushang a leading role in the industry.