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We Think That There Are Issues Underlying Grace Wine Holdings' (HKG:8146) Earnings
Unsurprisingly, Grace Wine Holdings Limited's (HKG:8146) stock price was strong on the back of its healthy earnings report. However, we think that shareholders may be missing some concerning details
怡園酒業:2023年報
Yiyuan Liquor (08146) announced annual results, with a profit of 10.22 million yuan, turning a year-on-year loss into a profit
According to the Zhitong Finance App, Yiyuan Liquor (08146) announced results for the year ended December 31, 2023, with revenue of RMB 64.985 million (RMB, same below), up 4.61% year over year; profit of 10.22 million yuan during the year, while a loss of 598,000 yuan was recorded in the same period in 2022; profit of 1.28 points per share. According to reports, the increase in earnings was mainly due to increased sales of high-end wines.
GRACEWINE: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Yiyuan Liquor (08146) is expected to achieve annual net profit of not less than 8 million yuan, turning a year-on-year loss into profit
Yiyuan Liquor (08146) issued an announcement according to the Group's unaudited review for the year ended December 31, 2023...
GRACEWINE: POSITIVE PROFIT ALERT
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