18 February 2019

GOME on higher growth track for Jan-Sept, filing says

GOME Electrical Appliances Holding Ltd. (00493.HK) recorded year-on-year growth in sales revenue for the first nine months, the company said in an exchange filing Tuesday ahead of a results announcement next month. GOME’s physical stores are expected to record more than 12 percent growth in sales revenue, while third-quarter revenue from comparable stores is expected to be up more than 8 percent compared with the same time last year. The company’s gross profit margin is expected to exceed 18 percent year on year. GOME said it improved its financial performance by bringing its operating expenses under control.

– Contact HKEJ at [email protected]



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