Chinese Retailer Gome Reports Increased 2011 Revenues and Profits

Gome Electrical Appliances Holding Ltd. reported that its revenue increased 17.5% to RMB 59.821 billion (approx. US$9.5 billion) in 2011. Its consolidated gross profit was RMB 10.859 billion, up from RMB 9.360 billion in 2012.