Dukang Distillers Holdings Limited provided group earnings guidance for the third quarter ended March 31, 2015. The Board of Directors of the company, and together with its subsidiaries, announced that the Group expects its overall revenue and earnings to be significantly lower for the three months ended March 31, 2015 compared to the three months ended March 31, 2014. This was mainly due to the decrease in average selling prices and sales volumes of Luoyang Dukang and Siwu products as the Chinese government's continued austerity measures had affected the sales of wine and spirits across the nation.
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- Dukang Distillers Holdings Limited Provides Group Earnings Guidance for the Third Quarter Ended March 31, 2015