In Q1, Tsingtao Brewery's net income increased by 7.08% year-on-year, with the main brand's sales steadily growing by 4.1%.

Tsingtao Brewery's profitability steadily improved in Q1. Revenue grew by 2.91% year-on-year, and net income increased by 7.08% year-on-year. The main brand, Tsingtao Brewery, saw a steady sales growth of 4.1%, with online sales reaching a record high. On the 28th, Tsingtao Brewery announced its first-quarter performance: Revenue: 10.45 billion yuan, an increase of 2.9% year-on-year. Net income: The net income attributable to shareholders of the listed company reached 1.71 billion yuan, an increase of 7.08% year-on-year. EPS: 1.254 yuan, compared to 1.172 yuan for the same period last year, a growth of 6.72%. Sales steadily increased, and structural optimization showed significant results as revealed in the earnings reports.

wallstreetcnApr 28 08:26 ET

Last year's performance was "disappointing" with a net income decline of over 70% after deducting non-recurring items. Yantai Changyu Pioneer Wine aims for a revenue growth of approximately 3.7% this year.| Interpretations

① Last year, Yantai Changyu Pioneer Wine's revenue fell by about a quarter compared to the previous year, and the net income after deductions dropped by more than 70%. The company admitted that the "(Operation) results are not satisfactory"; ② The competition in the wine market will still be fierce in 2025, and Yantai Changyu Pioneer Wine stated that it will strive to achieve revenue of no less than 3.4 billion yuan, a year-on-year increase of about 3.7%; ③ Yantai Changyu Pioneer Wine will launch a 0.1 billion yuan stock buyback tonight, and the repurchased shares will be canceled.

cls.cnApr 17 10:48 ET

Beijing Yanjing Brewery's performance last year slightly exceeded Institutions' expectations. Can the L product U8 maintain its high growth against the trend? | Interpretations

① Last year, the Net income growth rate of Beijing Yanjing Brewery slightly exceeded Brokerage expectations, and the company expects a year-on-year performance growth of 55.96%-67.66% in Q1 2025; ② In terms of scale, last year, the revenue of Beijing Yanjing Brewery slightly surpassed that of Chongqing Brewery, moving up one place in the Industry ranking; ③ Beijing Yanjing U8 remains the core driver of the company's performance, achieving over 30% growth in both last year and Q1 2025.

cls.cnApr 10 08:31 ET

Brokerage morning meeting highlights: Countermeasures against tariffs boost Shenzhen Agricultural Products Group prices, the planting chain directly benefits.

At today's Brokerage morning meeting, CITIC SEC believes that countermeasures against tariffs boost the prices of Shenzhen Agricultural Products Group, which directly benefits the planting chain; HAITONG SEC proposed a bullish view on the relative yields of the Banks Sector in April; Galaxy Securities stated that it focuses on Gold and countermeasures against rare earths.

cls.cnApr 7 20:33 ET

The provision for anticipated liabilities led to last year's net profit falling short of the performance forecast. Chongqing Brewery has 'rarely' not set a revenue target for this year | Interpretations.

① Last year, Chongqing Brewery's net income decreased by 16.61% year-on-year, exceeding the decline in net income reported in the company's performance announcement two months ago. ② Loss from a first-instance lawsuit against the affiliated company Chongqing Jiawei Brewery led to provisions for expected liabilities, along with inventory impairment, causing damage to net income. ③ Chongqing Brewery has "rarely" not set a revenue target for this year, only stating that it is "cautiously optimistic" about this year's industry.

cls.cnApr 2 11:21 ET

After a two-year interval, Zhejiang Guyuelongshan Shaoxing Wine, known as the "King of Huangjiu(Chinese Liquor)," announced a price increase of up to 12%. This may boost Q2 performance.|Brief announcement.

① Zhejiang Guyuelongshan Shaoxing Wine and Kuaijishan Shaoxing Rice Wine have recently announced price increases for multiple product series; ② The company's Director Sun Aibao told reporters from the Financial Association that this is a minor price adjustment aimed at realizing the value return of Huangjiu(Chinese Liquor).

cls.cnApr 1 10:27 ET