Sichuan Swellfun Co.,Ltd. Provides Earnings Guidance for the Year 2018
January 28, 2019
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Sichuan Swellfun Co.,Ltd. provided earnings guidance for the year 2018. The company predicts that the net profit belonging to shareholders of the listed company in 2018 will increase by about RMB 243.96 million compared with the same period of the year before, with a year-on-year increase of about 73%; the business revenue will increase by about RMB 770.68 million compared with the same period of the year before, with a year-on-year increase of about 38%; the sales will decrease by about 1,353.89 kiloliters compared with the same period of the year before, with a year-on-year decrease of about 13%, among which sales of medium and high grade liquor will increase by about 1,487.67 kiloliters compared with the same period of the year before, with a year-on-year increase of about 27% and sales of low grade liquor (base liquor) will decrease by about 2,841.56 kiloliters compared with the same period of the year before, with a year-on-year decrease of about 56%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by about RMB 248.24 million compared with the same period of the year before, with a year-on-year increase of about 69%.
Sichuan Swellfun Co Ltd is a China-based company principally engaged in the manufacture and sales of alcoholic products. The Company mainly provides liquor series products under the brand of Swellfun. The Company's wine products include Swellfun Diancang Dashi Version, Swellfun Jingtai, Swellfun Zhenniang No. 8, Swellfun Yuanmingqing, Swellfun Jingcui, Swellfun Hongyun, Swellfun Meilanjuzhu, among others. The Company distributes its products within both domestic and overseas markets.