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Gujing Distillery sees 44% growth in H1 profit

Jul. 25, 2012 (China Knowledge) - Anhui Gujing Distillery Co Ltd<000596><200596>, a China-based company primarily engaged in the distilling and sales of liquors, announced that its net profit attributable to shareholders rose 43.68% YoY to RMB 414 million in the first half of this year.

In a statement filed with Shenzhen Stock Exchange the liquor maker said the huge increase was mainly due to the strong sales.

From January to June, the company saw its operation revenue increased 40.71% from a year earlier to RMB 2.23 billion, while earnings per share for the six-month period were RMB 0.82.

In the first quarter of this year, Gujing Distillery booked RMB 1.32 billion in operation revenue, surged 53.2% YoY, and its net profit for the period grew 53.2% YoY to RMB 256 million.

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