Citic Guoan Wine Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 23, 2021 at 04:33 am EDT
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Citic Guoan Wine CO.,LTD announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 94.614 million compared to CNY 248.314 million a year ago. Operating loss was CNY 57.119 million compared to operating Income of CNY 12.832 million a year ago. Net loss was CNY 56.403 million compared to net income of CNY 14.919 million a year ago. Basic loss per share from continuing operations was CNY 0.0502 compared to basic earnings per share from continuing operations of CNY 0.0133 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.