Sichuan Tuopai Shede Spirits Co., Ltd. Provides Earnings Guidance for the First Half of 2018
July 19, 2018
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Sichuan Tuopai Shede Spirits Co., Ltd. Provided earnings guidance for the first half of 2018. The company predicts the net profit belonging to shareholders of the listed company in the 1st half of 2018 will be between RMB 160 million and RMB 180 million, with an increase of between RMB 97,662,800 and RMB 117,662,800 and an increase of between 156.67% and 188.75% compared with the same period of the year before. The net profit belonging to shareholders of the listed company in the 1st half of 2018 after excluding extraordinary profit and loss will be between RMB 121.5 million and RMB 141.5 million, with an increase of between RMB 61,626,400 and RMB 81,626,400 and an increase of between 102.93% and 136.33% compared with the same period of the year before.
Shede Spirits Co., Ltd., formerly Sichuan Tuopai Shede Spirits Co., Ltd., is a China-based company, principally engaged in the production and distribution of liquor products. The Company primarily provides Tianzhihu, Tunzhihu, Shede, Taozui, Tuopai Tianqu, Tuopai Tequ, Tuopai Youqu and Tuopai Daqu liquor. In addition, the Company also involves in the manufacture and distribution of pharmaceutical products. The Company distributes its products mainly in Suining and Chengdu, Sichuan province.