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.
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