Business Intelligence on Retailing, Franchising, and Consumerism in China

China's Wuliangye Net Profit Up 79.45% In 2009

A leading Chinese alcohol company Wuliangye has published its annual performance report for 2009, stating that net profit attributable to the shareholders of its listed unit increased by 79.45% year-on-year, to CNY3.249 billion.

The report shows that the company achieved operating revenue of CNY11.065 billion in 2009, a year-on-year increase of 39.48%; its operating profit was CNY4.567 billion, a year-on-year increase of 87.87%; and its total profit was CNY4.589 billion, a year-on-year increase of 91.31%.

Wuliangye states that, during the reporting period, its product structure was optimized, and the volume and prices of its alcohol products were increased. In July 2009, Wuliangye set up a retail branch, which increased the company's sales and profits.

Be the first to comment on "China's Wuliangye Net Profit Up 79.45% In 2009"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco