Kuaijishan Shaoxing Rice Wine Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
Published on 04/15/2021 at 04:16
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Kuaijishan Shaoxing Rice Wine Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,108.216 million compared to CNY 1,171.037 million a year ago. Operating income was CNY 391.486 million compared to CNY 229.739 million a year ago. Net income was CNY 288.960 million compared to CNY 166.450 million a year ago. Basic earnings per share from continuing operations was CNY 0.6 compared to CNY 0.34 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.