IN BRIEF (Page 13)
China Daily | Updated: 2010-04-08 08:01
Gome gains from revamp
Gome Electrical Appliances Holdings Ltd posted a 35 percent gain in 2009 profit after closing unprofitable stores and revamping outlets.
Net income rose to 1.41 billion yuan ($207 million), or 0.103 yuan a share, from 1.05 billion yuan, or 0.082 yuan, a year earlier, Gome said on Wednesday. Sales fell 7 percent to 42.7 billion yuan.
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