Company Profile For Sichuan Xinhua Winshare Chainstore Company Limited

Sichuan Xinhua Winshare Chainstore Company Limited (0811.HK) (Hong Kong Stock)

sector: Industrials · industry: Commercial Services & Supplies ·

As of 1:31pm IST

3.23HKD

Price Change

-0.09

Percent Change

-2.71%

Analyst Recommendations

Overview

Sichuan Xinhua Winshare Chainstore Co., Ltd. is engaged in the retailing of books and audio-visual products, distribution of textbooks and supplementary materials, and provision of ancillary support and services to publishers. The Company has five segments: Product, which includes provision of ancillary support and services to book publishers; Zhongpan, which includes bulk purchase of publications from publishers and Product segment for onward sale to book wholesalers, Subscription segment and Retailing segment; Subscription, which includes distribution of textbooks and supplementary materials to schools and students; Retailing, which includes retailing of books and audio-visual products, and Others. In October 2008, the Company acquired a 51% interest in Sichuan Xinhua Shang Paper Co., Ltd.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Sichuan Xinhua Winshare Chainstore Co. Ltd.'s revenues increased 9% to RMB1.38B. Net income increased 3% to RMB163.1M. Revenues reflect an increase in revenue from Product and Retailing business segments. Net income was partially offset by an increase in selling & distribution expense, higher administrative expense, a rise in cost of sales and an increase in finance expenses.