Aug. 21, 2012 (China Knowledge) - Shenzhen-listed
Wuliangye Yibin Co Ltd<000858
>, Chinese liquor giant based in Yibin
Province, has announced its net profit attributable to shareholders surged 50.07% YoY to RMB 5.05 billion in the first half of this year.
Basic earnings per share for the period were RMB 1.33, up 50% from a year earlier.
From January to June 2012, the company saw its operation revenue rose 42.05% YoY to RMB 15.05 billion, of which, RMB 14.52 billion was contributed by the sales of liquor, reflecting a YoY increase of 51.74%.
Meanwhile, in another statement filed with Shenzhen Stock Exchange
, the liquor giant said it will invest no less than RMB 5 billion to upgrade its technology.