Kuaijishan Shaoxing Rice Wine Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:04 am EDT
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Kuaijishan Shaoxing Rice Wine Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 377.54 million compared to CNY 374.81 million a year ago. Revenue was CNY 377.54 million compared to CNY 374.81 million a year ago. Net income was CNY 78.4 million compared to CNY 84.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.18 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.18 a year ago.
Kuaijishan Shaoxing Rice Wine Co., Ltd., formerly Kuaijishan Shaoxing Wine Co., Ltd. is a China-based company principally engaged in the Chinese spirit business. The Company mainly operates its business through research and development (R&D), production and sale of Shaoxing yellow spirits. The Companyâs products portfolio consists of midrange and high-end bottled Shaoxing yellow spirits, ordinary bottled Shaoxing yellow spirits and bottled Shaoxing yellow spirits base liquors, among others. The Company provides its products under the brand name of Kuajishan. It distributes its products within domestic market and to overseas markets, including Japan, Singapore, Hong Kong, Macau and others.
KUAIJISHAN SHAOXING RICE WINE CO., LTD. 
