trending Market Intelligence /marketintelligence/en/news-insights/trending/sCms5MabLCn6IZA6tSQPDA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Wuliangye Yibin profit misses consensus by 28.1% in Q2

Complying with International Financial Reporting Standard IFRS 9

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks

Wuliangye Yibin profit misses consensus by 28.1% in Q2

Wuliangye Yibin Co. Ltd. said its second-quarter normalized net income amounted to 21 fen per share, compared with the S&P Capital IQ consensus estimate of 29 fen per share.

EPS fell 10.9% year over year from 23 fen.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 791.3 million yuan, a decrease of 10.9% from 887.9 million yuan in the year-earlier period.

The normalized profit margin dropped to 18.0% from 19.8% in the year-earlier period.

Total revenue fell year over year to 4.43 billion yuan from 4.48 billion yuan, and total operating expenses climbed year over year to 3.27 billion yuan from 3.21 billion yuan.

Reported net income fell 10.3% year over year to 983.7 million yuan, or 26 fen per share, from 1.10 billion yuan, or 29 fen per share.

As of Aug. 24, US$1 was equivalent to 6.66 yuan.