Changyu: three quarter gross profit

   Date:2006/12/31

Changyu released the report of the performance of the third quarter. They have achieved 46% in net interest year-on-year and the gross profit of wine is 70% had broken the wine business when we had stopped the low-end products. The revenue in selling is 1.6 billion, main business interests is 960 million Yuan, and net interests is 290 million Yuan, respectively improve 22.1% ,26% and 45.5%,it has realized that the value of each share is 0.556 Yuan.

The third quarter selling revenue is 470 million Yuan, and the main business interests is 280 million Yuan, and net interest is 93.33 million Yuan, improved 17.66%, 14.8% and 46% respectively.

According to the report of the first three quarters this year, the achievement of revenue is due to the incoming growth, gross profit increased; reduce costs during the three aspects.

In incoming aspect ,The continual rapid growth of past several years now the wine business is growth slower month by month from this year. One reason is the base number is bigger and bigger and another reason is small package wine on foreign imports has been strengthened to the home market.

From the performance of different product lines, champagne business has declined over the past two years began to recovery growth more quickly. The growth is over 66% in the first three quarter this year. It makes a great contribution to the revenue growth. By seen the third quarter this year, the gross profit of wine is over 70%, the number was 66.8% last year.

 

Source:佚名

Related Reports
2005- www.researchinchina.com All Rights Reserved 京ICP备05069564号-1 京公网安备1101054484号