Beverages News
- Wuliangye sees profit up 30 percent
Date: 19-Apr-2007 Sources: (Shenzhen Daily)
WULIANGYE Yibin, a Shenzhen-listed liquor maker, said Tuesday it would post around a 30 percent rise in its net profit for the first three months of 2007.
The company issued the statement on the Web site of the Shenzhen Stock Exchange. Shares of the company have surged nearly 70 percent so far this year as investors snapped up local liquor and beverage shares on expectations of rising consumption.
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