Yonghui reports 20.35% revenue growth in FY2018

Source: yonghui, Monday, May 6, 2019

Yonghui Superstores has reported revenue growth of 20.35% for FY2018 to CNY70.52 billion (USD10.4 billion). However, net profit was down 18.52% to CNY1.48 billion (USD0.2 billion), as a result of increased operating expenses, new store openings, which increased expenses by 36.78%. During 2018, Yonghui opened 708 stores. (Chinese language)