Yantai Changyu Pioneer Wine Company Limited announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,401.606 million compared to CNY 2,558.274 million a year ago. Operating income was CNY 414.477 million compared to CNY 809.048 million a year ago. Net income was CNY 307.035 million compared to CNY 603.403 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.88 a year ago.