Citic Guoan Wine Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 05:53 am EDT
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Citic Guoan Wine CO.,LTD announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 51.178 million compared to CNY 9.578 million a year ago. Operating income was CNY 13.599 million compared to operating loss of CNY 19.527 million a year ago. Net income was CNY 13.591 million compared to net loss of CNY 19.262 million a year ago. Basic earnings per share from continuing operations was CNY 0.0121 compared to basic loss per share from continuing operations of CNY 0.0171 a year ago.
CITIC Niya Wine Co Ltd, formerly Citic Guoan Wine Co Ltd, is a China-based company principally involved in grape cultivation, wine production and sales. The Company's grape varieties include Cabernet Sauvignon, Merlot, Chardonnay and Marselan, among others. Its wine brands mainly include NIYA, WEST REGION and SUNTIME, covering high-end wine, mid-to-low-end wine and original wine. The Company mainly conducts its businesses in Mainland China.
CITIC NIYA WINE CO., LTD. 
