BIZCHINA / Biz Media Digest
Sundries: Grocery chain posts rise
(Shanghai Daily)
Updated: 2006-08-17 10:42
Lianhua Supermarket Holdings Ltd, China's biggest grocery chain, said
first-half profit rose 5.6 percent on higher sales.
Net income increased to 138.4 million yuan (US$17.3 million), or 0.22
yuan a share, from 131 million yuan, or 0.21 yuan, a year earlier, the
Shanghai-based company said in a Hong Kong stock exchange statement.
Sales rose 21 percent to 8.35 billion yuan. Lianhua declared a first-half
dividend of 0.06 yuan, the same as a year ago.
(For more biz stories, please visit Industry Updates)
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