Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Company - Domestic
 Search News  Or
Chinese liquor giant Wuliangye's profit soars 41.91% in Jan-Sep

Oct. 27, 2011 (China Knowledge) - Chinese liquor giant Wuliangye Yibin Co Ltd<000858>, based in Yibin, Sichuan Province, earned RMB 4.82 billion in net profit attributable to shareholders in the first nine months of this year, reflecting a year-on-year increaser of 41.91%.

In the reporting period, the Shenzhen-listed liquor producer saw its operating revenue increase 36.41% year on year to RMB 15.65 billion. Earnings per share were nearly RMB 1.27 and rate of return on net asset was 24.39%.

For the third quarter of 2011, Wuliangye Yibin's net profit increased 28.32% year on year or 13.66% quarter on quarter to RMB 1.46 billion. The firm's operating revenue reached RMB 5.05 billion, up 29.75% year on year or up 16.18% quarter on quarter.

As of Sep. 30, 2011, the company had RMB 19.03 billion in cash, RMB 4.9 billion more than at the beginning of this year.

Wuliangye Yibin, which produced 110,000 tons of liquor in 2010, targets 130,000 ton liquor output for 2011.

Copyright © "2013"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services
 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved