Sichuan Tuopai Shede Spirits Co., Ltd. Provides Earnings Guidance for the First Nine Months of 2018
October 10, 2018
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Sichuan Tuopai Shede Spirits Co., Ltd. provided earnings guidance for the first nine months of 2018. For the period, the company expected net profit belonging to shareholders of the listed company will be RMB 265 million and RMB 290 million in the first three quarters of 2018, with an increase of between RMB 169,525,800 and RMB 194,525,800 and an increase of between 177.56% and 203.75% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 228.8 million and RMB 253.8 million with an increase of between RMB 138,898,200 and RMB 163,898,200, an increase of between 154.5% and 182.31% 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.