trending Market Intelligence /marketintelligence/en/news-insights/trending/yo9VUwMSgM8RjmByznMSvw2 content esgSubNav
In This List

Shanghai Yimin Commercial Q1 profit falls YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Shanghai Yimin Commercial Q1 profit falls YOY

Shanghai Yimin Commercial Group Co. Ltd. said its first-quarter normalized net income was 4 fen per share, a decline of 5.4% from 4 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 39.2 million yuan, a decrease of 5.6% from 41.6 million yuan in the year-earlier period.

The normalized profit margin fell to 4.2% from 5.0% in the year-earlier period.

Total revenue grew 10.6% year over year to 923.8 million yuan from 835.2 million yuan, and total operating expenses rose 12.3% on an annual basis to 852.6 million yuan from 759.5 million yuan.

Reported net income rose 10.1% from the prior-year period to 56.4 million yuan, or 5 fen per share, from 51.2 million yuan, or 5 fen per share.

As of April 27, US$1 was equivalent to 6.22 yuan.