Financial News
Written by: Lin Leqian
2020-07-28 18:55
Last update date: 2020-07-28 18:55Aeon (0984), which operates Aeon Department Store, announced that it recorded an attributable loss of approximately 80 million yuan for the six months ended June this year, compared with a loss of 149 million yuan in the same period last year.
The group pointed out that the decrease in losses was due to the increase in sales performance of the supermarket and small specialty store "Living PLAZA by AEON" business than expected; its own home lifestyle brand specialty store "HÓ MECÓ ORDY" and its own casual underwear and home wear brand specialty store " "iC innercasual", increase the sales proportion of its own brand products and increase the overall gross profit; under the epidemic situation, the AEON Group’s global procurement channels are used to purchase from all over the world, and the daily necessities needed by the citizens are successfully purchased from Japan, China, Southeast Asia and other places. Ensuring stable supply, thereby improving performance; and improving the performance of the China business, optimizing the store portfolio, performing well in newly opened stores, and expanding online sales.
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