With thanks to Suning’s huge growth in the first financial quarter of 2018, Inter can look forward to receiving more direct revenue from their Chinese owners Tuttosport report.
“Inter’s ownership’s first financial quarter of 2018 is full of positive indicators. Sales in the shopping centres of the Nanjing based group generated revenues of around 11 billion dollars, an increase of 46.3% over the previous year. The surge is mainly due to online sales, an activity that the company of Zhang Jindong is very much looking to improve in: 6.3 billion (+ 81.5% compared to twelve months ago). This will translate into greater direct revenues for Inter.”
The Turin based newspaper also report that Suning are planning to open an office in Milan itself in a bid to further increase their already large revenue streams.
“The Suning office in Milan will soon be opened, which will have the task of identifying Italian products to be sold in China.”
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