Gu Yue long longshan some high-grade wine October 1 rise

Source: Internet
Author: User
After recently Luzhou Old Cellar Group announced the product price increase, the domestic yellow rice wine faucet gu Yue long longshan (600059, closing price 13.14 Yuan) also joined in the army of rising prices.  The company announced today (September 9) that it would raise the ex-factory prices of more than eight years from October 1, with an average price increase of about 10%. Announcement disclosed that the price adjustment is in view of the market situation of rice wine and product raw and auxiliary materials prices rose, and the company's products since the beginning of 2010 has improved the ex-factory, the main products are: Mellowness series, ordinary bottled wine series, altar wine series. Since May 27, raised the altar liquor products ex-factory wine, the average price increase of about 8%~9%; since June 1 up the Mellowness series, ordinary bottled wine products ex-factory price, the average rate of about 6%~9%.  The company said that the above price adjustment will have a positive impact on the company's 2010 sales revenue. Data show that Gu Yue long Longshan has gu Yue long longshan, Shen Yong, Jianhu and daughter red wine industry, such as the first-line well-known brands. In the first half of this year, the company achieved net profit of 51.96 million yuan, an increase of 31.25%, to achieve income of 517 million yuan, an increase of 50.18%. And from the main business, liquor business income growth of 54.89% year-on-year, operating profit rate was reduced by 4.13% over a year earlier.  For performance growth companies explained that the wine industry and the market gradually due to the recovery. In fact, as the high-end liquor maker Luzhou Group in early September positive confirmed the price increase. According to the Shanghai News report, Luzhou's dealers in Beijing reflect that the 52 degree state Cellar 1573 in Beijing retail price in a few days from 658 yuan to 788 yuan, rose more than 100 yuan. The original price of 700 yuan below 53 degrees flying Maotai, now has been almost thousand yuan.  Data show that Luzhou old Cellar (000568, closing price of 36.77 yuan) has risen only 1.74% this month, running for the same period, Shen Wan Food and beverage index 2.82% of the rise. Gu Yue long Longshan before the two price increases on short-term stock price impact is not big. On May 27 The same day, the shares rose 2.92%; on June 1, the shares fell 2.72%. In the 5-and 62-month performance, the company's share price fell by 5% and 2.7% respectively. The reporter found that, due to the rising cost, Gu Yue long Longshan also announced an overall average price increase of 10% in January 2008. And in the 1 days before the price adjustment, the company's shares soared 5.4%.

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