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Maotai strong growth performance into the development of key supply and demand - Studio Lighting Ki by dfweb rttryhh





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Maotai strong growth performance into the development of key supply and demand - Studio Lighting Ki by
Article Posted: 08/18/2011
Article Views: 64
Articles Written: 855
Word Count: 579
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Maotai strong growth performance into the development of key supply and demand - Studio Lighting Ki


 
Business,Business News,Business Opportunities
"National Wine " Maotai Recently released third quarter earnings, before September, Maotai operating income 7.807 billion yuan, up 20.36 percent; operating profit of 5.306 billion yuan, up 20.28 percent; net profit of 3.787 billion yuan, an increase of 20.42%. Among them, the earnings per share 4.01 yuan, as A shares, "the largest earnings per share" of the listed companies. The investment adviser Food Chen Chen, chief researcher at the industry that Maotai performance in recent years growth has remained robust, at present, the market supply and demand Maotai the tension still in the next few years will continue its bullish performance.

Filing shows three quarters of Maotai achieve Sell Income of 2.261 billion yuan, up 21.13%; sales gross margin of 90.62 percent, down 0.11 percentage points, down 0.15 percentage point chain; net profit of 997 million yuan, an increase of 10.11%. Consumption tax effects are already felt the reporting period, the company business tax and surcharges totaling 258 million yuan, accounting for 11.41%, accounting for over a year increased 2.68% over the same period, the chain's growth was 5.38 percentage points in August on the company's consumption tax has generated significant New Deal impact.

8 1 force on the date Liquor Consumption Tax New rules on the performance of Maotai has an impact on the data from the above can be seen, according to 2008 annual report Maotai of view, the consumption tax rate Maotai low at about 6%, far below the national standard of 20%. However, net profit Maotai still maintain a good development momentum, with strong market appeal that about, as head "country wine" reputation, Maotai has been in the market in short supply.

Investment adviser in the food industry that the chief researcher Chen Chen, Maotai performance in recent years growth has remained robust, at present, the market supply and demand Maotai the tension still in the next few years will continue its bullish performance. In 2008, the Maitai output was only 11,800 tons for the domestic market, the yield Maotai out of stock when the situation is not this year, Maotai has increased investment in foreign markets, which will further aggravate the lack of capacity Maotai. June, Maotai and the French card screen Wine Group signed a five-year distribution agreement overseas.

Currently invested 567 million yuan of the fifth Maotai 2,000 tons of Maotai technology projects started in October, the project will add 2,000 tons of Maotai capacity put into operation in December 2010, production capacity will reach Maotai 25,000 tons, to alleviate the status of products in short supply. Chen Chen believes that short-term status of Maotai products in short supply situation will not change, from the perspective of the development in recent years Maotai, Moutai's market share on the rise, the market supply and demand or to increase.

Investment adviser in the release of "2009-2012 China Spirit Investment Analysis and Forecast of the market report "shows that in 2009, promulgated in Guizhou Province" Spirit Industry Promotion Plan, "clearly, to play country wine" Maotai "brand lead role in promoting sound and rapid development in Guizhou Moutai. In Guizhou," Liquor Industry Promotion Plan ", the" Eleventh Five "Maotai production capacity of 20,000 1000 l / year, "12 5" end of production capacity of 30,000 kiloliters Maotai / year.

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