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Suning Profits Hit RMB 7.05b in Q3
Home appliance and electronics retailer Suning (002024.SZ) generated RMB 704.82 million in net profit in the third quarter of this year, up 15.38% year-on-year, bringing its net profit for the first nine months to RMB 1.97 billion. The company saw revenue expand 6.32% year-on-year to RMB 41.57 billion in first nine months of the year, with third quarter revenue contributing RMB 14.24 billion, up 8.02% year-on-year.
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