Consumer Staples Jan 28, 2022 11:29 PM (GMT+8) · EqualOcean
Suning Tesco released its performance forecast for 2021 on January 28. According to the announcement, the sales scale of Suning Tesco in the fourth quarter of 2021 is expected to increase by 25.48% month on month compared with the third quarter. The monthly EBITDA in November was RMB 80 million, which became positive, and continued to be positive in December. The company expects EBITDA to remain positive in the first quarter of 2022.
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