July 6 – Zhejiang Guyuelongshan Shaoxing Wine (600059) predicted that net profits for the first half of 2011 will grow by more than 60 percent year-on-year, reports yicai.com, citing a company filing. During the same period one year ago, the firm generated net profits of 51.95 million yuan with earnings per share of 0.082 yuan. The firm capitalized on improved marketing and a better product mix, leading to a sharp rise in wine sales.

Source:CapitalVue