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Hefei Department Store (000417.SZ) reported first-quarter results with net profit of 105 million yuan, up 8.90% year on year
Hefei Department Store (000417.SZ) released its report for the first quarter of 2024. The company achieved operating income during the reporting period...
Hefei Department Store (000417.SZ): The current industry covers two major categories of businesses: retail and agricultural products trading markets
Gelonghui, April 15 | Hefei Department Store (000417.SZ) said on the investor interactive platform that as a leading integrated commercial and trade distribution enterprise in Anhui Province, the company's current industry covers two main businesses: retail and agricultural products trading markets. Among them, retail is the company's basic industry and primary business, including department stores, home appliances, supermarket chains, and e-commerce segments. Since 2023, the company's home appliance business has tried to break the inherent pattern of the four major “ice washing aircrafts”, accelerate the development of smart home furnishing, expand experience stores and model rooms, build flagship home appliance stores against industry benchmarks, enhance the home appliance scene experience, and satisfy consumers
Hefei Department Store (000417.SZ): Mainly sells gold jewelry through retail stores such as affiliated department stores
Gelonghui, April 12 | Hefei Department Store (000417.SZ) said on the investor interactive platform that currently the company mainly sells gold and jewelry through retail stores such as affiliated department stores.
Hefei Department Store (000417.SZ): Liquor sales in department stores and supermarkets exceeded 160 million yuan in January-February 2024, and alcohol sales increased 43% year-on-year
Gelonghui, Feb. 26 | Hefei Department Store (000417.SZ) said on the investor interactive platform that the company attached great importance to alcohol sales. In order to meet the peak consumption season and seize the consumer market, relying on the province's perfect network layout and the advantages of multi-channel operation, the company deployed early, scientifically planned, and prepared well. During the competition period (January-February 2024), department store and supermarket alcohol sales surpassed 160 million yuan.
Hefei Department Store (000417.SZ): The company is the largest direct sales supplier of Maotai liquor in Anhui Province
Gelonghui, Feb. 22丨Hefei Department Store (000417.SZ) said on the investor interactive platform that 1. As the largest direct sales supplier of Maotai in Anhui Province, the company has always given full play to its regional advantages and operating strength in the Anhui market, strictly complies with Maotai sales management requirements, and brings Kweichow Moutai to end consumers with stable market prices and excellent service. The company has selected 15 department stores and 10 Hejiafu supermarket stores to set up special display areas. Online reservations are used for offline purchases. Member users who have made an appointment will purchase Flying Sky at a retail price of 1,499 yuan/bottle 53% vol.
Capital Allocation Trends At Hefei Department Store GroupLtd (SZSE:000417) Aren't Ideal
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) an
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