Gome Electrical Appliances 6-Month Sales Come to $4.74 Billion

Chinese retail giant Gome Electrical Appliances released unaudited consolidated results for the first half of 2014. Gome sales revenue was RMB 29.12 billion (approx. US$4.74 billion), up 7.4% year-on-year. The group’s consolidated gross profit margin rose from 18.3% to 18.8% compared with the first half of 2013.