Yonghui Superstores Incurs Loss, Operating Income Drops 16% in Q3; Shares Down 6%

MT Newswires Live10-31

Yonghui Superstores (SHA:601933) incurred a net loss attributable to the owners of 353.2 million yuan or 0.04 yuan per share in the third quarter of the year, according to a Shanghai Stock Exchange filing on Tuesday.

The Chinese supermarket operator's operating income dropped 16% year on year to 16.8 billion yuan, the filing said.

The company's shares dropped more than 6% in recent trade.

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