Article: YINCHUAN XINHUA DEPARTMENT NET PROFITS UP 41.07%


AsiaInfo Services
03-19-2009
Yinchuan Xinhua Department Net Profits up 41.07%

YINCHUANG, Mar 19, 2009 (SinoCast Daily Business Beat via COMTEX) -- Yinchuan Xinhua Department Store Company Limited (SHSE: 600785) posted on March 19 CNY 2.82 billion operating revenue for 2008, representing a rise of 12.11% from 2007.

Profits settled at CNY 155.45 million, up 30.48% from a year earlier. Net profits attributable to shareholders stood at CNY 108.04 million, increasing 41.07%. Earnings per share were CNY 0.63.

It will distribute dividend of CNY 17.28 million to its shareholders, or CNY 1 for every ten shares. The undistributed profits of CNY 185.42 million will be sent out next year.

The Yinchuan ...

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