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Ascent Bridge Unit Enters Into Collaboration With Jiugui Liquor; Shares Surge 12%
Investors Could Be Concerned With Jiugui Liquor's (SZSE:000799) Returns On Capital
Alcoholic Liquor: 2024 Performance Forecast
Jiugui Liquor (000799.SZ): Net income is expected to decrease by 97.26%-98.17% year-on-year in 2024.
On January 23, Gelonghui reported that Jiugui Liquor (000799.SZ) expects a Net income of 10 million to -15 million yuan for 2024, representing a decline of 98.17% to 97.26% compared to the same period last year. The non-recurring Net income is projected to be between 5 million to -7.5 million yuan, a decrease of 99.07% to 98.61% year-on-year. In 2024, the Baijiu Industry is still in a deep adjustment cycle, with intensified pressure from competition, channel partners adopting conservative operational behaviors, and clients showing cautious willingness to collect payments. The expected revenue for the reporting period is around 1.423 billion yuan, which is about a 49.7% decrease compared to the same period last year.
Jiugui Liquor Co., Ltd.'s (SZSE:000799) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors
GTJA's Consumer investment outlook for January 2025: The peak season is approaching, and improvement is expected.
It is expected that the consumption data in January will significantly improve due to a low base and the impact of the Chinese New Year being staggered. New channels and new categories resonate, accelerating innovation in Consumer.
Is Now The Time To Look At Buying Jiugui Liquor Co., Ltd. (SZSE:000799)?
