Shareholders In The Middle Reaches Of The Yangtze River Should Account For An Excess Profit Of About 430 Million Yuan.

03306-HK announced that in the six months ended December 31, 2019, the group achieved a revenue of about 2 billion 136 million yuan (the same below), an increase of 5.33% over the same period last year, and the profit margin of shareholders should be 430 million yuan, an increase of 12.9% over the same period last year.

The group's revenue mainly comes from selling products to dealers and terminal customers through self operated stores and through online channels. The group's income is accounted for after deducting sales rebates, sales returns and VAT. The Group operates 1993 independent retail stores worldwide, together with sales outlets overseas, and the group's retail network covers all provinces, autonomous regions and municipalities in mainland China and 26 other countries and regions in the world.

In December 31, 2019, there were more than 3 million 900 thousand member accounts (including defaults), of which WeChat accounts accounted for more than 3 million 500 thousand. 2020 in the first half fiscal year, the retail sales contributed by the group members accounted for about 70% of the total retail sales.

The number of active member accounts (active account accounts for more than 470 thousand member accounts in 2 days and more than 180 consecutive days in the past 12 months). In 2019, the number of member accounts totaling more than 5000 yuan was over 210 thousand, and its retail sales reached 2 billion 500 million yuan, which contributed more than the total retail sales under 40% lines.