Shede Spirits Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 04:29 am EDT
Share
Shede Spirits Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,883.78 million compared to CNY 1,027.97 million a year ago. Revenue was CNY 1,883.78 million compared to CNY 1,027.97 million a year ago. Net income was CNY 530.58 million compared to CNY 301.9 million a year ago. Basic earnings per share from continuing operations was CNY 1.6038 compared to CNY 0.9076 a year ago. Diluted earnings per share from continuing operations was CNY 1.5978 compared to CNY 0.9076 a year ago.
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.