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TABLE-China retailer Bailian's H1 net rises 14 pct

Sat Aug 30, 2008 2:31am EDT
 
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 Aug 30 (Reuters) - Six months ended June 30, 2008.
 (in millions of yuan unless stated, against 2007 figures):
                                     2008            2007
 Turnover                         4,888.77    vs  4,235.93
 Net Profit                         205.29    vs    177.56
 Earnings per share (yuan)            0.19    vs      0.16
 Net assets per share (yuan)          4.66    vs      4.19*
 * Net asset per share figure for 2007 as of Dec. 31.
 Note: Bailian Group Co Ltd (600631.SS: Quote, Profile, Research, Stock Buzz) is the listed arm of
China's biggest retail company, the Bailian Group, also known
as the Shanghai Brilliance (Group) Co Ltd.
 Note: The company published unaudited results, compiled
under domestic accounting standards, in the official Shanghai
Securities News on Saturday.
 The company's overall operating costs rose 15 percent to
4.55 billion yuan ($664.4 million) while earnings on
investments shrank by more than two-thirds to 17.52 million
yuan from 59.00 million yuan.
 ($1=6.848 Yuan)
 (Reporting by Edmund Klamann in Shanghai; Editing by Tomasz
Janowski)

 

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