Suning three quarter operating profit fell by 37 67%

Tencent Francisco (wood) October 30th news, Suning Appliance earnings data released today show that the first three quarters of Suning sales totaled 72 billion 400 million yuan, an increase of 7.11%; operating profit 2 billion 900 million yuan, down 37.67%; a total profit of 2 billion 950 million yuan, down 36.54%; net profit of 2 billion 350 million yuan, down 31.28%.

report shows that the first three quarters of operating profit, total profit and net profit fell mainly due to the decline in physical store sales and increased investment in online business.

from the physical store point of view, comparable store (referring to the store opened on the same day in January 1, 2011 and before) sales fell 10.11%. Adjust / close chain efforts to further increase in 2012 1-9 month, the company in the mainland in 11 prefecture level cities, the newly opened 116 chain stores, conventional 108 stores, including 5 towns store, Tesco official life Plaza Shop 3, closed replacement / 133 chain stores, chain stores net reduced 17. Third quarter replacement / close the chain of 59, a net decrease in the chain of 22.

from the point of view of online business, Suning online business grew rapidly, but the low level of gross margin. Overall, Suning consolidated gross profit margin fell by about 0.28 percentage points over the same period last year, reaching 18.69%. Suning has increased advertising, promotional and other inputs; in August, the company carried out online and offline business linkage, the investment is further increased. During the reporting period, the company’s sales expenses, administrative expenses increased by 28.21%, respectively, over the same period last year, $23.13%.

quietly took the easy to pay treasure domain name to increase electricity supplier weights

in June this year, Suning Appliance’s Nanjing Su Ningyi Fu Bao Network Technology Co. Ltd. was officially the third party payment license in October, the Tencent of science and technology have reported that Suning has quietly take the easy to pay treasure (yifubao.com) domain name.

earlier, Suning in the payment of the long layout, has registered the domain name suningpay.com/.com.cn/.cn, in April of this year 2011 results briefing, Suning Appliance deputy chairman Sun Weimin said, Suning has completely can create their own payment section.

increased online business acquisition

After suning.com

last year reached the electricity supplier this year three, Suning has increased in the field of business investment, clear Tesco completed Paul 20 billion at the sales target of 30 billion yuan.

Suning red children $66 million after the acquisition, the industry rumors, suning.com’s next acquisition target for Martha Marceau.

Tencent Francisco (wood) October 30th news, Suning Appliance earnings data released today show that the first three quarters of Suning sales totaled 72 billion 400 million yuan, an increase of 7.11%; operating profit 2 billion 900 million yuan, down 37.67%; a total profit of 2 billion 950 million yuan, down 36.54%; net profit of 2 billion 350 million yuan, down 31.28%.

report shows that the first three quarters of operating profit, total profit and net profit fell mainly due to the decline in physical store sales and increased investment in online business.

from the physical store point of view, comparable store (referring to the store opened on the same day in January 1, 2011 and before) sales fell 10.11%. Adjust / close chain efforts to further increase in 2012 1-9 month, the company in the mainland in 11 prefecture level cities, the newly opened 116 chain stores, conventional 108 stores, including 5 towns store, Tesco official life Plaza Shop 3, closed replacement / 133 chain stores, chain stores net reduced 17. Third quarter replacement / close the chain of 59, a net decrease in the chain of 22.

from the point of view of online business, Suning online business grew rapidly, but the low level of gross margin. Overall, Suning consolidated gross profit margin fell by about 0.28 percentage points over the same period last year, reaching 18.69%. Suning has increased advertising, promotional and other inputs; in August, the company carried out online and offline business linkage, the investment is further increased. During the reporting period, the company’s sales expenses, administrative expenses increased by 28.21%, respectively, over the same period last year, $23.13%.

quietly took the easy to pay treasure domain name to increase electricity supplier weights

in June this year, Suning Appliance’s Nanjing Su Ningyi Fu Bao Network Technology Co. Ltd. was officially the third party payment license in October, the Tencent of science and technology have reported that Suning has quietly take the easy to pay treasure (yifubao.com) domain name.

earlier, Suning in the payment of the long layout, has registered the domain name suningpay.com/.com.cn/.cn, in April of this year 2011 results briefing, Suning Appliance deputy chairman Sun Weimin said, Suning has completely can create their own payment section.

increased online business acquisition

After suning.com

last year reached the electricity supplier this year three, Suning has increased in the field of business investment, clear Tesco completed Paul 20 billion at the sales target of 30 billion yuan.

Suning red children $66 million after the acquisition, the industry rumors, suning.com’s next acquisition target for Martha Marceau.

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