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Yanghe Brewery expects 15.05 percent rise in 2017 revenue

www.cfbond.com
2018-03-01 09:50

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Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. (002304) expects to see a 15.05 percent year-on-year increase in its 2017 operating revenue, as shown by its preliminary financial report released today.

This preview shows a total operating revenue of RMB 19.7698 billion for this company.

Profits attributable to its shareholders stand at RMB 6.5983 billion, up by 13.23 percent year-on-year. Earnings per share reaches RMB 4.38, up by 13.18 percent.

As of December 31, 2017, its total assets stood at RMB 43.094 billion, up by 11.06 percent on a year-on-year basis. Equities attributable to its shareholders totaled RMB 29.4862 billion, up by 13.18 percent.

In 2017, this company aligned its operations with the consumption upgrade at home and saw sustained growth in the sales of its medium and high-end products. It maintained a sound financial status during the year.

These data were audited only internally and may be subject to further adjustments in its final 2017 performance report.
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