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Gome reports strong result, expansion aims

By Bao Chang | China Daily | Updated: 2011-03-29 07:52

Gome reports strong result, expansion aims

Two workers erect a promotion banner outside a Gome Electrical Appliance Holding Ltd store in Shanghai. The electronics retailer will open 480 outlets around China in 2011. Kevin Lee / Bloomberg

BEIJING - Gome Electrical Appliances Holding Ltd, China's biggest electronics retailer by revenue, said on Monday that its net profit in 2010 rose 39 percent from a year earlier to 1.96 billion yuan ($299 million) and announced a new expansion strategy.

Gome reports strong result, expansion aims

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