Consumption tax drags down the monthly net profit of Moutai in Guizhou to increase 10%

Guizhou Maotai (600519) The first half of the performance was dragged down by the consumption tax increase. In the first half of this year, its business tax and additional spending amounted to 859 million, up about 441 million per cent from 418 million a year earlier.　　This 441 million yuan accounted for the same period in Guizhou Maotai net profit of 15.8% last year.　　The Half-year report showed that the main reason for the big increase in sales tax and additional year-on-year was that the consumption tax had soared from 285 million in the same period last year to 681 million. The increase of consumption tax makes the medium-term performance of Maotai in Guizhou greatly discounted. The first half of Guizhou Maotai to achieve net profit of 3.099 billion yuan, an increase of 11.09% per cent over the same period, the company's net assets rose to 17.43 yuan, earnings per share of 3.28 yuan.　　During the reporting period, the company produced a total of Maotai liquor and a series of wine 26,600 tons, with a year-on-year growth of 7.87%, to achieve business income of 6.587 billion yuan, an increase of 18.77%. Guizhou Maotai said that the first half of the liquor market as a whole the contradiction and disorderly competition is still more prominent, coupled with the entry of foreign capital, so that the high school end liquor market competition more intense, and the repeated prohibition of fake and shoddy products, to a certain extent, to the company's products have a negative impact.　　However, during the reporting period, the Board of Directors of the new transition firm confidence, adhere to the business plan established at the beginning of the year, promoting the smooth development of the company's business, and achieved better results. The same for the first line of liquor enterprises, Wuliangye (000858) net profit increase over Maotai.　　In the distribution of increased strength, the history of the problem gradually resolved the background, Wu Liang Ye realize net profit of 2.261 billion yuan, up 40.91%; recently announced the second-half of the second-line liquor Enterprise Gong (000596) The performance is also very beautiful, the company's first-half profit growth of up to 201%.　　Throughout the liquor listed company semi-annual report, first-line liquor company performance growth to meet market expectations, the second-tier liquor company fully enjoy the industry's high prosperity, performance flexibility, a number of companies to achieve the performance of the super expected growth. Today, engaged in the production of rice wine gu Yue long Longshan (600059) also issued a semi-annual report. This 1-June, the company realized operating income of 517 million yuan, an increase of 50.18%, to achieve net profit of 51.9577 million yuan, the year-on-year growth of 31.25%. The company's rice wine sales continue to maintain good growth momentum, the realization of liquor sales income of 505 million yuan, an increase of 54.89%.