日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Moutai rises to new peak on Q1 figures

By CAI XIAO and YANG JUN | China Daily | Updated: 2017-04-15 09:45
Share
Share - WeChat

Workers pack bottles of liquor at the Kweichow Moutai Co Ltd plant in Maotai, a town in southwestern China's Guizhou province. [JIANG DONG/CHINA DAILY]

Leading liquor producer posts hefty first-quarter gains in production, sales

The share price of leading Chinese liquor producer Kweichow Moutai Co Ltd reached a new high during intraday trading on Friday, boosted by its pleasing business performance in the first quarter of the year.

The share price of Kweichow Moutai, listed on the Shanghai Stock Exchange, rose to the highest point of 399.88 yuan ($58.18) on Friday before profit takers moved in and it closed at 395.5 yuan, for a 0.7 percent retreat on its Thursday close.

Moutai produced 22,455 metric tons of the white spirit in the first quarter, increasing 15.6 percent year-on-year, and it sold 23,360 tons from January to March, increasing 27.3 percent year-on-year, according to its official website.

Moutai said its Q1 revenue totaled 16 billion yuan, increasing 24.3 percent year-on-year and profit came in at 7 billion yuan, up 13.1 percent year-on-year.

China Merchants Securities Co analyst Yang Yongsheng said in a report that domestic liquor consumption had recovered and Moutai was benefitting from the consumption upgrading and its strong brand influence.

Wholesalers have low inventories and demand is strong, Yang added.

"We believe Moutai will enter a more brilliant era and forecast its share price will reach 500 yuan in a year," Yang added.

Kweichow Moutai overtook Diageo Plc to become the world's top liquor producer by market value last week. Moutai shares rose to 392.9 yuan on April 7, taking its total capitalization to 493.5 billion yuan ($71.7 billion), surpassing Diageo's 57.4 billion pounds ($71.2 billion).

The Shanghai Composite Index dropped 0.91 percent to close at 3,246.1 points on Friday. The Shenzhen Component Index declined by 1.26 percent, while the ChiNext startup index fell by 1.2 percent.

Stocks related to the newly announced Xiongan New Area in Hebei province performed weakly on Friday. Hesteel Company Ltd, Hebei Sitong New Metal Material Co Ltd, Jointo Energy Investment Co and Silvery Dragon Prestressed Materials Co Ltd led the decline on the day.

Listed companies in the Inner Mongolia autonomous region became popular as the 70th anniversary of the establishment of the autonomous region was drawing near. Inner Mongolia Eerduosi Resources Co Ltd, Chifeng Jilong Gold Mining Co Ltd and Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd led the rise.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 91久久久久久久久 | 日本在线www| 亚洲超碰在线观看 | 四季av一区二区凹凸精品 | 久久国产精品久久久 | 亚洲激情视频在线观看 | 亚洲成人精品 | 国产免费一区二区三区最新不卡 | 神马久久精品 | 亚洲国产精品尤物yw在线观看 | 成人免费毛片xxx | 伊人色在线 | 麻豆成人91精品二区三区 | 亚洲二三区 | 日产av在线播放 | 特级特黄aaaa免费看 | 日日狠狠久久偷偷四色综合免费 | 日韩精品一二区 | 少妇特黄一区二区三区 | 久久久天堂 | 一级黄色片网址 | 欧美成人一二三区 | 午夜激情视频在线观看 | 亚洲日本黄色 | 国产精品理论在线观看 | 波多野结衣在线观看一区二区三区 | 自拍偷拍第3页 | 青娱乐av | 九九视频免费 | 麻豆av在线免费观看 | 特级丰满少妇一级aaaa爱毛片 | 国产精品探花视频 | 亚洲精品91 | 亚洲第一视频网 | 国产精品111| 天天干天天操天天拍 | 国内91视频 | 亚洲网站在线播放 | 最新精品国产 | 国产精品理论片 | 成人性生交大全免 |