Guangzhou'S Two Major Department Stores Declined In The First Half Of The Year.

Recently, the 100 shares of state-owned listed companies and Guangzhou friendship released the first half of the report.

However, the gross profit of the two major stores, both in terms of turnover and net profit after deducting non recurring gains and losses, has declined compared with the same period last year.

Among them, the revenue of Guang Bai shares was 3 billion 700 million yuan, down 4.1% from the same period last year, and Guangzhou friendship was even more, with a turnover of 1 billion 400 million yuan, down 17.8% from the same period last year.

The most obvious reason for the decline of friendship in Guangzhou is that Foshan stores have suspended operations and the area of the business is halved.

Excluding the excellent shops and Foshan stores, the four stores in Guangzhou were all flat or positive.

The two major department stores are all right.

The reason for the decline is explained. In the first half of 2015, the downward pressure on the economy continued to decrease, and the trend of weak market consumption continued to be the main reason.

In addition to the apparent slowdown in macroeconomic growth,

Weak growth, new competition, intensified competition in new channels, and rising operating costs have become the "new normal" that the department stores need to face for a long time.

To change the status quo, two

They also indicated that they should exert their efforts to finance.

Such as Guang Bai invested 35 million yuan to participate in China post consumer finance Co., Ltd., intends to take this opportunity to intervene in the new consumer finance platform.

China post consumer finance Co., Ltd. was founded by the China postal savings bank, mainly engaged in personal consumption financial business. Its business scope covers the whole country. Its registered place is Guangzhou, with a registered capital of 1 billion yuan.

The mainstream lifestyle of the residents in the future will become "first consumption and then payment".

Guangzhou friendship launched a 100% stake in Guangzhou Yuexiu Financial Holding Group Limited last year, aiming to pform it into a dual main industry listed company with department stores and finance.

At present, the project is in the examination stage of the China Securities Regulatory Commission.