Qinghai Huzhu Barley Wine Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 03:36 pm IST
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Qinghai Huzhu Barley Wine Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 763.844 million compared to CNY 1,253.725 million a year ago. Operating loss was CNY 114.544 million compared to operating Income of CNY 58.019 million a year ago. Net loss was CNY 114.300 million compared to net income of CNY 36.118 million a year ago. Basic loss per share from continuing operations was CNY 0.254 compared to basic earnings per share from continuing operations of CNY 0.0803 a year ago.
Qinghai Huzhu TianYouDe Highland Barley Spirit Co Ltd, formerly Qinghai Huzhu Barley Wine Co Ltd is a China-based company mainly engaged in the research, development, production and sales of alcohol products. The Company mainly operates three segments: Highland Barley Wine Business segment, Wine Business segment and E-commerce Business segment. The Company is mainly engaged in highland barley wine of Tian You De, Hu Zhu, Eight Workshops, Shi Yi De, Yong Qing He and other brands and wine of Maxville brand. The Company is engaged in online and offline integrated operation. The Company's products are sold to domestic and foreign markets.