Chang Yu Pioneer Wine H1 Net Profit Up 50% - ResearchInChina

Date:2011-08-10liuhongli  Text Size:

August 9 -- Yantai Chang Yu Pioneer Wine (000869, 200869) filed its revenue and net profit attributable to shareholders respectively grew 24.5 percent and 49.73 percent year-on-year to 3.09 billion yuan and 877 million yuan in the first half, reports China Business News. First-half EPS rose 49.55 percent year-on-year to 1.66 yuan.

Gross margins rose by 3.87 percent year-on-year to 75.75 percent in the first half because of an increase in sales of premium wines. Sales of champagne stood still while medicinal wine sales declined in the first half.


2005-2011 All Rights Reserved 京ICP备05069564号-1