Displayed, the company's first quarter attributable to the shareholders of the parent company's net income of $ 67 million, compared with $ 552 million in the same period last year fell 87.86%.����Consolidated electric Thomas Wylde Handbags company's poor performance in the first quarter has been warning. early in May this year, the company issued profit warning, is expected to substantial decreases in net earnings in the first quarter of this year, mainly due to the decline in sales revenue and business losses. And in appliances industry overall environment tightening, Thomas Wylde Handbags and revenues fell of background Xia, forced GOME increased for electric commercial of input. publishing results of same day, GOME publishing notice said, Huang has by its of GOME sharp dynamic company spent 90.09 million HK $ (about-in 73.33 million Yuan Yuan) purchase koubba network and new sharp us two home appliances Valentino Handbags sales website all 40% of equity. This two home website also 60% of equity by GOME electric full funded holds. While, GOME electric and koubba and the new sharp us made agreement, Sales to the two sites that provide logistics
And storage and after-sale service.����These two companies are still losing money. notice according to the koubba Valentino Handbags net loss of 194 million Yuan last year, new American lost $ 197 million, two losses of nearly $ 400 million.����Announcement, koubba separately from the new US operations in the past, their inventory cannot be shared, to inconvenience customers online shopping, unnecessary expenses on the company itself, hindered the company's development of commercial and other non-traditional business.����Koubba network CEO Ding Donghua said, zhiqian koubba like local branch, and now is into has and line Xia overall phase corresponds to of another a layer channel. He while revealed, koubba are and holding large shareholders GOME for logistics system and supply chain of full butt, will respectively Yu June end and August completed. and under from 3 April and GOME promoting shared inventory Hou of calculation, koubba of merchandise procurement cost reduced has 10% around. But for now, the company also has a hard