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wumart stores inc-h (1025) Details

Wumart Stores, Inc., together with its subsidiaries, operates and manages retail chains of superstores and mini-marts in Beijing, Tianjin, Zhejiang province, and Hebei province in the People’s Republic of China. Its brands primarily comprise Wumart Hypermarket, Wumart Everyday Shops, Wumart Minimarts, Merry Mart, Jingbei Shopping Mall, Aoshikai Wumart, Zhejiang Gongxiao Supermarket, and Huzhou Laodafang Supermarket. As of December 31, 2013, the company had a retail network of 547 stores comprising 155 superstores and 392 mini-marts. It is also involved in the wholesale of home appliances. The company is headquartered in Beijing, the People’s Republic of China. As of April 14, 2014, Wumart Stores Inc. operates as a subsidiary of Wumei Holdings, Inc.

28,151 Employees
Last Reported Date: 08/22/14

wumart stores inc-h (1025) Top Compensated Officers

President, Chief Financial Officer, Executive...
Total Annual Compensation: CNY739.0K
Senior Vice President and Executive Director
Total Annual Compensation: CNY967.0K
Senior Vice President, General Manager of Wum...
Total Annual Compensation: CNY739.0K
Assistant to President, General Manager of Fr...
Total Annual Compensation: CNY822.0K
Compensation as of Fiscal Year 2013.

wumart stores inc-h (1025) Key Developments

Wumart Stores Inc. Presents at Bank of America Merrill Lynch China Conference 2014, Nov-03-2014

Wumart Stores Inc. Presents at Bank of America Merrill Lynch China Conference 2014, Nov-03-2014 . Venue: JW Marriott Beijing (Chaoyang), Beijing, China.

Wumart Stores Inc. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Wumart Stores Inc. announced unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company's total revenue was RMB 10.4 billion compared with RMB 9.6 billion a year ago. The steady growth in the total revenue of the group was mainly attributable to sales growth driven by newly opened stores, increase in rental income and growth in comparable store sales. Revenue from sales of goods was RMB 9.2 billion compared with RMB 8.5 billion a year ago. Profit before tax was RMB 0.42 billion compared with RMB 0.49 billion a year ago. Profit and total comprehensive income for the period was RMB 0.32 billion compared with RMB 0.36 billion a year ago. Profit and total comprehensive income for the period attributable to the following owners of the company was RMB 0.31 billion or RMB 0.24 per basic share compared with RMB 0.34 billion or RMB 0.27 per basic share a year ago. The decrease in net profit was mainly because that the increase in staff costs and rental expenses exceeded the growth of total revenue. Net cash from operating activities was RMB 0.14 billion compared with RMB 0.22 billion a year ago. Purchases of property, plant and equipment was RMB 0.28 billion compared with RMB 0.26 billion a year ago.

Wumart Stores Inc. to Report First Half, 2014 Results on Aug 13, 2014

Wumart Stores Inc. announced that they will report first half, 2014 results on Aug 13, 2014


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