Dukang Distillers

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8 years 10 months ago - 8 years 10 months ago #22390 by Kapitan
Replied by Kapitan on topic Dukang Distillers
China distillers accused of lacing baijiu with Viagra

www.ft.com/intl/cms/s/0/df27bbf8-399c-11...c.html#axzz3iIx6vABH

Last edit: 8 years 10 months ago by Kapitan.

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8 years 10 months ago #22412 by Kapitan
Replied by Kapitan on topic Dukang Distillers
Still too early to enter the stock if you are hoping that Dukang will ride on a recovery of the market.....


DK says Group expects its overall revenue and earnings to be significantly lower for the financial year ended 30 June 2015 (“FY2015”)
compared to the financial year ended 30 June 2014 (“FY2014”).
This was mainly due to the decrease in average selling prices and sales volumes of Luoyang Dukang products as the Chinese government’s continued austerity measures had affected the sales of wine and spirit across the nation.
In addition to the above, the Group expects a net loss for FY2015

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