• Net profit climbs 0.5%
  • Sales up 7.2%
Wumart saw its profits climb in the first half of the year

Wumart saw its profits climb in the first half of the year

Chinese retailer Wumart Stores has booked an increase in first-half profits.

In the six months to the end of June, earnings edged up by 0.5% to reach CNY338.6bn (US$53.3m), the retailer said this week.

Net sales in the period amounted to CNY8.57bn, a 7.2% increase on the prior year period.