Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Domestic
 Search News  Or
Luzhou Laojiao's profit soars 31.73% to RMB 2.91 bln in 2011

Apr. 20, 2012 (China Knowledge) - Luzhou Laojiao Co Ltd<000568>, which is engaged in the production and sale of liquor under the Luzhou Lao Jiao brand, yesterday posted RMB 2.91 billion-net profit attributable to shareholders for 2011, reflecting a year-on-year increase of 31.73%.

Earnings per share were RMB 2.08 and a dividend of RMB 1.40 per share was declared.

Last year, the Shenzhen-listed firm's operating revenue surged 56.92% from a year earlier to RMB 8.43 billion, of which RMB 5.64 billion was contributed by its high-end liquor products, surging 60.33% year on year with profit margin of 81.93%.

The profit margin of medium and low-end liquor products stood at 29.89%, 6.05 percentage points lower than that of 2010.

The Chinese liquor supplier sold 142,900 tons of liquor in 2011.

In addition, Luzhou Laojiao has started trial operation on a 100,000-ton liquor storage with an investment of RMB 389 million, sources reported.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

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

 E-Store

 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