GOME Retail: 1H 2022 consolidated gross profit margin

01 September 2022, Mumbai

GOME Retail In 1H 2022 consolidated gross profit margin significantly increased to 19.8%, Cash flows from operating activities improved significantly and positively.

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GOME Retail Holdings Limited (HKEX Code: 493. HK, "GOME" or "the Company", and together with its subsidiaries, "the Group")announced its unaudited interim results during the six months ended 30 June 2022 (the "Reporting Period").

 In 1H of 2022, the sales revenue of the Group was approximately RMB12,109 million, and the consolidated gross profit margin was approximately 19.81%, increasing substantially by 5.56 percentage points as compared to the corresponding period last year.

The Group's operating expenses were approximately RMB4,839 million, which decreased by 3.10% as compared to the corresponding period last year.

The Group's loss attributable to the owners of the parent was approximately RMB2,966 million.

During the Reporting Period, the Group's cash flows generated from operating activities had significant improvement over the corresponding period last year, achieving a positive net inflow of RMB55 million.

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