Lanzhou Minbai Shareholding (Group) Company., Limited operates within the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lanzhou Minbai Shareholding (Group) Company., Limited with three other
companies in this sector in China:
Baida Group Co., Ltd.
sales of 1.06 billion Chinese Renmimbi [US$154.22 million]
of which 90%
was Department Stores),
Beijing Hualian Department Store Company Limited
(998.40 million Chinese Renmimbi [US$144.91 million]
of which 87%
was Leasing and Property Management), and
ShenYang Commercial City Co., Ltd.
(955.63 million Chinese Renmimbi [US$138.70 million]
of which 99%
was Department Store).
During the year ended December of 2016, sales at
Lanzhou Minbai Shareholding (Group) Company., Limited were 1.02 billion Chinese Renmimbi (US$147.35 million).
decrease of 8.2%
versus 2015, when the company's sales were 1.11 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 10.4% decline
in Wholesale and Retail, from 959.43 million Chinese Renmimbi to 859.76 million Chinese Renmimbi.
There were also decreases in sales in
Restaurants and Hotels (down 6.0% to 48.23 million Chinese Renmimbi)
Other (down 7.6% to 29.81 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Professional Market Management (up 14.2% to 88.74 million Chinese Renmimbi)