Anhui Golden Seed Winery Co., Ltd. Provides Earnings Guidance for 2017
January 29, 2018
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Anhui Golden Seed Winery Co., Ltd. provided earnings guidance for 2017. According to preliminary statistics of its financial department, the company predicts a decrease of between RMB 8 million and RMB 13 million in the net profit belonging to shareholders of listed company in 2017, with a decrease of between 47% and 76% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by between RMB 6.5 million and RMB 13.5 million, with a decrease of between 126% and 262% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
Anhui Golden Seed Winery Co., Ltd. is a China-based company, principally engaged in the production and distribution of liquors, as well as the manufacturing of biochemical drugs. The Company is also engaged in the processing, manufacturing and sales of packing materials. The Company provides liquors through Zhongzi series, Jinzhongzi series, Zuisanqiu series and others. The Company distributes its products in domestic markets.