Yantai Changyu Pioneer Wine Co Ltd 2023 AR2

The report highlights Yantai Changyu Pioneer Wine Co., Ltd.'s financial and operational performance for the fiscal year 2023. Despite a sluggish domestic wine market, the company achieved an operating revenue of CNY 4,384.76 million, representing an 11.89% year-on-year increase, and a net profit of CNY 532.44 million, up 24.20%. Key achievements include the implementation of a restricted share incentive plan, digital marketing upgrades, and winning 227 gold-and-above awards in global competitions. The company also advanced its global production layout across China, France, Chile, Spain, and Australia while maintaining strict food safety and environmental compliance.

Company: Yantai Changyu Pioneer Wine Co Ltd

Sector: Consumer Staples

Country: China

Year: 2023

Type: AR2

Pages: 210

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Yantai Changyu Pioneer Wine Co Ltd

Yantai Changyu Pioneer Wine Co Ltd 2023 Annual Report

Annual Report

The report highlights Yantai Changyu Pioneer Wine Co., Ltd.'s financial and operational performance for the fiscal year 2023. Despite a sluggish domestic wine market, the company achieved an operating revenue of CNY 4,384.76 million, representing an 11.89% year-on-year increase, and a net profit of CNY 532.44 million, up 24.20%. Key achievements include the implementation of a restricted share incentive plan, digital marketing upgrades, and winning 227 gold-and-above awards in global competitions. The company also advanced its global production layout across China, France, Chile, Spain, and Australia while maintaining strict food safety and environmental compliance.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Apr 12, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

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