Wuliangye Yibin Expects H1 Attributable Profit to Jump Up to 99%; Shares Rise 4%
Wuliangye Yibin (SHE:000858) forecasts an 89% to 99% rise in its net attributable profit to between 8.73 billion yuan and 9.20 billion yuan in the first half of 2026 from 4.62 billion yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse. The distillery expects earnings per share to grow to between 2.2492 yuan and 2.3703 yuan from 1.1912 yuan a year earlier. Wuliangye attributed the expected rise to a low base in the year-ago period and a recovery in sales during its peak period. Shares rose 4% during the midday break on Wednesday.
Wuliangye Yibin (SHE:000858) forecasts an 89% to 99% rise in its net attributable profit to between 8.73 billion yuan and 9.20 billion yuan in the first half of 2026 from 4.62 billion yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.
The distillery expects earnings per share to grow to between 2.2492 yuan and 2.3703 yuan from 1.1912 yuan a year earlier.
Wuliangye attributed the expected rise to a low base in the year-ago period and a recovery in sales during its peak period.
Shares rose 4% during the midday break on Wednesday.