Qinghai Huzhu Barley Wine Co.Ltd(002646) the pre profit of 2021 is 50 million to 70 million yuan, and the loss is reversed year-on-year

Qinghai Huzhu Barley Wine Co.Ltd(002646) disclose the performance forecast. The company expects to make a profit of 50-70 million yuan in 2021, with a loss of 115.0937 million yuan in the same period of last year. Baijiu industry trend is good, the company’s overall business has been gradually restored; The company continued to focus on the Baijiu sector, and the core regional business has been repaired. The company’s operating revenue increased by 30% – 40% over the same period of last year. At the same time, it is clear that guozhide series, the third-generation export-oriented series and star series products are the main products of the company, adjust the price system of core products, optimize the product structure, and significantly increase the proportion of medium and high-grade products. The overall performance turned losses into profits.