trending Market Intelligence /marketintelligence/en/news-insights/trending/QauSvEQ9rtHescjpM5Am0g2 content esgSubNav
In This List

Yantai Changyu Pioneer Wine Q1 profit climbs YOY

Case Study

Powering the markets of the future with data and AI


Analyzing Sentiment in Quarterly Earnings Calls — Q3 2023

Case Study

An Alternative Investment Team Harnesses Textual Data Analytics to Find New Sources of Alpha


Battery metals - unbated long term need for supply security despite short-term headwinds

Yantai Changyu Pioneer Wine Q1 profit climbs YOY

Yantai Changyu Pioneer Wine Co. Ltd. said its first-quarter normalized net income came to 65 fen per share, compared with the S&P Capital IQ consensus estimate of 74 fen per share.

EPS increased year over year from 64 fen.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 446.6 million yuan, an increase from 439.3 million yuan in the year-earlier period.

The normalized profit margin declined to 23.9% from 24.1% in the year-earlier period.

Total revenue grew year over year to 1.88 billion yuan from 1.83 billion yuan, and total operating expenses rose year over year to 1.16 billion yuan from 1.13 billion yuan.

Reported net income rose on an annual basis to 542.8 million yuan, or 79 fen per share, from 530.2 million yuan, or 77 fen per share.

As of April 29, US$1 was equivalent to 6.48 yuan.