HaiNan Yedao Co., Ltd. Provides Earnings Guidance for the Year 2018
January 30, 2019
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HaiNan Yedao (Group) Co., Ltd. provided earnings guidance for the year 2018. According to preliminary statistics of its financial department, the Company predicts to turn losses into gains in the net profit belonging to shareholders of the listed company in 2018 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be between RMB 40 million and RMB 56 million. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 208 million and RMB 192 million.
Hainan Yedao Group Co Ltd is a China-based company that mainly engages in the production and sales of alcoholic products. The Company's business is operated through four major segments: Alcohol Production and Sales, Trade, Food and Beverages, and Others. The Company's main product matrix layout is based on the nourishing Coconut Island Deer and Turtle Wine, the light-keeping Coconut Island Neptune Wine, and the origin-brewed craft liquor. The main products include Deer and Turtle Wine, Neptune Wine, and Maotai-flavored liquor. In addition, the Company has laid out the coconut milk ecological beverage and soft drink (non-carbonated) business. The Company mainly operates its business in the domestic market.
HAINAN YEDAO (GROUP) CO.,LTD 
