Citic Guoan Wine CO.,LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:22 am
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Citic Guoan Wine CO.,LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 48.61 million compared to CNY 51.18 million a year ago. Revenue was CNY 48.61 million compared to CNY 51.18 million a year ago. Net loss was CNY 1.81 million compared to net income of CNY 13.59 million a year ago. Basic loss per share from continuing operations was CNY 0.0016 compared to basic earnings per share from continuing operations of CNY 0.0121 a year ago. Diluted loss per share from continuing operations was CNY 0.0016 compared to diluted earnings per share from continuing operations of CNY 0.0121 a year ago.
CITIC Niya Wine Co Ltd, formerly Citic Guoan Wine Co Ltd, is a China-based company principally involved in grape cultivation, wine production and sales. The Company's grape varieties include Cabernet Sauvignon, Merlot, Chardonnay and Marselan, among others. Its wine brands mainly include NIYA, WEST REGION and SUNTIME, covering high-end wine, mid-to-low-end wine and original wine. The Company mainly conducts its businesses in Mainland China.
CITIC NIYA WINE CO., LTD. 
