On January 18, Shede Spirits Co.Ltd(600702) (600702. SH) announced that the net profit attributable to the shareholders of the listed company is expected to be 1.23 billion yuan to 1.28 billion yuan in 2021, an increase of 650 million yuan to 700 million yuan compared with the same period of the previous year, a year-on-year increase of 112% to 121%; The net profit after deduction is expected to be 1.19 billion yuan to 1.24 billion yuan, an increase of 640 million yuan to 690 million yuan compared with the same period of last year, a year-on-year increase of 116% to 125%.
According to the financial report, Shede Spirits Co.Ltd(600702) 1-september realized a net profit of 970 million yuan, that is, Q4 realized a net profit of 250-310 million yuan.
Shede Spirits Co.Ltd(600702) said that the company was affected by the epidemic in the same period of last year and its operating performance base was low. In 2021, under the control of China’s epidemic situation, the consumption of high-end Baijiu liquor market was significantly warmer, and the old wine strategy was gradually accepted by the market and other factors, and the business performance increased significantly over the same period last year.
