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Chinese baijiu producer Wuliangye sees quarterly net up 30.26pct y-o-y

April 29, 2019


Abstract : China‘s leading baijiu producer - Wuliangye Yibin Co., Ltd. (000858.SZ) reaped 6.475 billion yuan of net profit in the first quarter, up 30.26 percent year on year, reported Shanghai Securities News.

BEIJING, April 29 (Xinhua) -- China‘s leading baijiu producer - Wuliangye Yibin Co., Ltd. (000858.SZ) reaped 6.475 billion yuan of net profit in the first quarter, up 30.26 percent year on year, reported Shanghai Securities News.

The company, whose name means literally "five grains liquid", pocketed 17.59 billion yuan of revenue last quarter, up 26.57 percent from the same period of 2018, and quarterly earnings per share (EPS) reached 1.66 yuan.

Among its top 10 shareholders, the third largest Hong Kong Securities Clearing Company Ltd. (HKSCC) raised its holdings to 9.7 percent from the 8.7 percent by the end of 2018 in the first quarter. (Edited by Duan Jing, duanjing@xinhua.org)

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