Qinghai Huzhu Barley Wine Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:29 pm IST
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Qinghai Huzhu Barley Wine Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 546.276 million compared to CNY 826.344 million a year ago. Operating loss was CNY 64.197 million compared to operating Income of CNY 36.822 million a year ago. Net loss was CNY 64.312 million compared to net income of CNY 27.531 million a year ago. Basic loss per share from continuing operations was CNY 0.1429 compared to basic earnings per share from continuing operations of CNY 0.0612 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.
QINGHAI HUZHU TIANYOUDE HIGHLAND BARLEY SPIRIT CO., LTD. 
