Nanning Department Store Released A Report: The Results Of Dramatic Decline Due To Changes In Consumption Habits

In the interim report, the company's net profit has just exceeded one million, down 80% over the same period last year.

The company explained that the Nanning Metro has not yet been built, resulting in a decline in net profit.

In fact, subway construction has been going on for several years.

It is worth mentioning that, according to the three level classification of Shen Wan industry, a total of 16 listed companies belonging to the Nanning department store and the same industry listed in the China Daily, and the Nanning department store's performance declines in the first place.

According to Wind statistics,

Three tier classification, including Nanning department store, a total of 16 companies in the same industry issued a semi annual report.

Among them, a total of seven companies fell in performance, according to the decline in the performance of the calculation, Nanning department store first.

Although there are also companies in the same industry.

Decline, but the company's performance fell the most, what do the companies think? The former staff said that the performance of the company should be better after the completion of the MTR in late 2016.

"The company always attaches importance to the interests of shareholders and investors, and the company will work hard to repay shareholders and investors with good performance."

It is called.

"As of June 30th this year, the company achieved net profit of 135.17 million yuan, down 82.28% compared to the same period last year."

For the reasons for the decline in performance, Nanning department store explained that it was affected by multiple factors such as economic slowdown, electricity supplier impact and intensified competition.

Public securities and Caixin network reporter noted that as early as 2013 annual report, the above reasons exist.

"Industry changes have intensified, commercial property rents and labor costs have risen, and shopping centers, e-commerce and other new formats have accelerated the impact of traditional retail businesses.

At this time, the main stores of the company encountered the impact of the closed construction of the Nanning subway construction, and the pressure of the company's operation increased sharply.

Nanning department store said in its 2013 annual report.

Moreover, the above factors also existed in 2014. The company achieved net profit of 16 million 258 thousand and 200 yuan in that year, down only 4.17% from the same period last year.

Why did the loss suddenly intensify? With these questions, the reporter called Nanning department store yesterday as an investor. The staff of the company's Securities Department said that customers had a habit of consumption in the first two years. Although they repaired the subway, they would still go to the store, and now their customers were less.

Reporter asked, in accordance with this situation, will the whole year lose money? For this reason, the staff said that many businesses of the company were developing, and new stores were opened in June, and there should be no loss throughout the year.