Citic Guoan Wine CO.,LTD Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 06:17 am EDT
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Citic Guoan Wine CO.,LTD reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 211.24 million compared to CNY 87.87 million a year ago. Revenue was CNY 217.23 million compared to CNY 94.61 million a year ago. Net income was CNY 16.9 million compared to net loss of CNY 56.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.015 compared to basic loss per share from continuing operations of CNY 0.0502 a year ago. Diluted earnings per share from continuing operations was CNY 0.015 compared to diluted loss per share from continuing operations of CNY 0.0502 a year ago.
CITIC Niya Wine Co Ltd, formerly Citic Guoan Wine Co Ltd, is a China-based company principally involved in grape cultivation, wine production and sales. The Company's grape varieties include Cabernet Sauvignon, Merlot, Chardonnay and Marselan, among others. Its wine brands mainly include NIYA, WEST REGION and SUNTIME, covering high-end wine, mid-to-low-end wine and original wine. The Company mainly conducts its businesses in Mainland China.