GOME sales revenue in the first three quarters of 2014 was RMB44.645 billion, up 7.2% year-on-year and the sales growth of its comparable stores was up 6.0%.
GOME E-Commerce Gross Merchandise Volume (including GMV of GOME marketplace) was up 72.7% year-on-year in the first three quarters; unique visitor was up 63.9% year-on-year.
Consolidated gross profit margin was 18.6%, up 0.6 percentage point year-on-year; GOME net profit was RMB 1.018 billion, up 74.9% while its net profit margin was 2.3%, up 0.9 percentage point year-on-year.
GOME off-line store. Tier-1 and Tier-2 Cities: Same-store sales grew by 4.7%. There were 68 stores
upgraded to new smart comprehensive stores during the reporting period. Tier-3 and Tier-4 Cities: Same-store sales grew by 12%. During the reporting period, the Group opened a total of 58 stores.
GOME E-Commerce GMV including GMV of marketplace was up 72.7% year-on-year (of this, GMV for the third quarter rose 100.8% year-on-year). Unique Visitor went up 63.9% year-on-year (of this, UV traffic for the third quarter rose 104.1% year-on-year). GOME Mobile Terminal GMV increased to 12.4% of the E-Commerce GMV.
Mr. Wang Junzhou, CEO of GOME, said,
GOME’s ‘Open Omni-Channel Retailer’ strategy has enabled us to record impressive results that have outpaced the industry average and our peers for seven consecutive quarters. Going forward, our four unified service platforms –
procurement, logistics, information technology and financial services – will offer full support to the Group’s omni-channel development. This includes offline, online, mobile applications and other social channels to further drive business expansion, while providing quality onestop services for consumers and business partners. We are committed to achieving our goal to ‘Build another GOME’ by 2017, and to creating greater value for our shareholders and society as a whole.