Maoye Commercial Co.Ltd(600828) : overall performance improvement, net profit in 2021 increased by 101% year-on-year

Maoye Commercial Co.Ltd(600828) 3 on the evening of March 3, the annual performance express of 2021 was released. In 2021, the company achieved a total operating revenue of 4.186 billion yuan, a year-on-year increase of 13.16%; The net profit attributable to the shareholders of the listed company was 429 million yuan, a year-on-year increase of 101.18%; The basic earnings per share is 0.25 yuan.

For the reasons for performance changes, the announcement shows that in 2021, the company actively responded to the impact of covid-19 pneumonia, promoted the company's performance by adjusting and upgrading stores, optimizing brands and categories, accelerating the expansion of online business, and optimizing the ownership structure, streamlining organizations and reducing management costs. At the same time, the company generated demolition income in 2021, while the demolition of Maoye Tiandi (North District) in the same period of last year led to losses; The impairment of investment real estate in the same period of last year resulted in large losses.

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