Sichuan Tuopai Shede Spirits Co., Ltd. Provides Earnings Guidance for the Full Year of 2017
January 24, 2018
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Sichuan Tuopai Shede Spirits Co., Ltd. provided earnings guidance for the full year of 2017. The company predicted that the net profit belonging to shareholders will be between RMB 130 million and RMB 160 million, which is expected to increase by between RMB 49,801,000 and RMB 79,801,000, with an increase of 62.10% and 99.50% 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 123 million and RMB 153 million, which is expected to increase by between RMB 45,000,900 and RMB 75,000,900, with an increase of between 57.69% and 96.16% 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.