Kuaijishan Shaoxing Rice Wine Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
Published on 04/27/2022 at 04:04
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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 is a China-based company mainly engaged in the production, sales, and research and development of Huangjiu. The Company is also engaged in the sales of liquors by-products. The company mainly owns main brands such as Kuaijishan, Xitang, Wufelt Hat, Tang Song, and others. The Company mainly produces a series of yellow wine products including Kuaiji Mountain Pure, Pure Harmony, Lanting, Elegance, Collection, Zhenshi, Gift Boxes, Pottery Altars, Fine Carving, Water Fragrance National Colors, Di Jutang, Xitang Original Fragrance, Black Felt Hat Frozen Ice Sculpture, Green Water and Green Mountains, and others. The Company mainly operates its businesses in the domestic market.