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Tonghua Grape Wine Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 24, 2019 at 03:43 am EDT
Tonghua Grape Wine Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 883.499 million compared to CNY 668.444 million a year ago. Operating income was CNY 29.743 million compared to CNY 33.994 million a year ago. Net income was CNY 3.122 million compared to CNY 2.065 million a year ago. Basic earnings per share from continuing operations was CNY 0.008 compared to CNY 0.005 a year ago.
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Tonghua Grape Wine Co Ltd is a China-based company principally engaged in the manufacturing and sales of fruit wine and wine. The Company's products cover dry wine, ice wine, sweet wine, grape spirits and other categories. Through its subsidiaries, the Company is engaged in e-commerce retail and online marketing services, mainly selling consumer goods. The Company's brands include Hongmei, Tonghua, Yashizun, Tianchi, among others. The Company mainly conducts its businesses in the domestic market.
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