Financial News
Written by: Zhang Weilun
2020-07-04 19:32
Last update date: 2020-07-04 19:32Eslite Bookstore has always been a hot spot for cultural youth in Greater China, but by the beginning of next year, Shenzhen's cultural youth will have to find another punch point. Eslite Bookstore announced on the official website that Eslite Life Shenzhen Store in Vientiane World, Shenzhen, was affected by the new coronary pneumonia epidemic. After a friendly agreement with its owner, China Resources Land (1109), it was determined to close on December 31 this year.
Eslite pointed out that looking back on the Shenzhen store's investment plan in 2015, it was a difficult and painful decision to close the business. But looking to the future, graduation can create the most suitable rebirth plan.
The company also pointed out that the sudden outbreak has changed the world and people's lifestyles. Shenzhen stores must change their operating plans to maintain the company's overall quality of operations. After careful evaluation with the owner and discussions with various parties, this last decision was agreed.
Eslite announced on its official website that the Shenzhen store will be closed by the end of this year. (Eslite official screenshot)
Eslite's Shenzhen store has not opened for more than 2 years. On December 15, 2018, Eslite Lifestyle Department Store (Shenzhen)'s WeChat public account "Eslite Lifestyle Shenzhen" released the news that Eslite Lifestyle Shenzhen Store officially opened in Nanshan, Shenzhen on the same day. The second store.
The store is 6 stories high and covers an area of 33,000 square meters. In addition to bookstores, it also has a variety of merchants including design, hand-made, parent-child, catering, etc.
Eslite is located in a store in Shenzhen, with 6 floors and an area of 33,000 square meters. (Picture of official website)
Although Eslite is widely welcomed by the Wenqing family, Eslite and its parent company Eslite can hardly be protected from the new crown epidemic. In the first five months of this year, Eslite's revenue amounted to NT$1.818 billion, a retrogression of 13.95%.
The net profit attributable to Eslite's parent company in the first quarter of this year was NT$7.138 million, a year-on-year drop of 90%.
Eslite Bookstore