Kuaijishan Shaoxing Rice Wine Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 03:40 am EDT
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Kuaijishan Shaoxing Rice Wine Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 452.688 million compared to CNY 553.563 million a year ago. Operating income was CNY 67.152 million compared to CNY 92.995 million a year ago. Net income was CNY 48.084 million compared to CNY 67.437 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.14 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. 
