Alcoholic drinks three quarter net profit drop 60% today plunged 6%

Source: Internet
Author: User
NetEase Finance October 14 News, alcoholic liquor released three quarterly results expected announcement, its third quarter of the performance or a sharp decline in net profit fell nearly 60%. October 11, alcoholic drinks issued a three-quarter earnings forecast, the market was surprised that its net profit forecast fell by nearly 60%. The announcement showed that the third quarter of alcoholic beverages expected net profit of 9.4743 million yuan, down 58.89%;  January-September Alcoholic drinks are expected to net profit of 58.789 million yuan, an increase of 58.38%, is expected to basic earnings per share of 0.194 yuan, an increase of 58.38%. Alcoholic drinks The board said that the increase in net profit in January-September was due to a major litigation issue in the first half of the year and the execution of the bill, so that the recovery of receivables reduced value to increase profits.  However, the announcement did not disclose the reason for the expected net profit decline in the third quarter. The announcement was a surprise to the market as the semi-annual report of alcoholic beverages did not show signs of a sharp decline in performance.  Alcoholic Liquor 2010.5 Annual report shows that during the reporting period, the total operating income of about 236 million yuan, an increase of nearly 30%, net profit of 49.3147 million yuan, the year-on-year growth of nearly 250%.  Market analysts believe that the big drop in the performance of the former general manager Xu Cochang's departure is not unrelated.  Alcoholic drinks today opened 0.53%, the stock price fell sharply, closing the end of the 17.87 Yuan, 5.9%, the whole day deal 242 million yuan. Related news: Alcoholic drinks three quarterly net profit 60% Xu Cochang Severance Labor

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