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Are Chongqing Brewery Co., Ltd.'s (SHSE:600132) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
In the contract dispute case, a compensation of 0.353 billion yuan was ruled against Chongqing Brewery, which expressed dissatisfaction and stated that "it will firmly appeal" | Quick reading of the announcement.
① Due to a contract dispute, Chongqing Brewery was ruled in the first instance to pay approximately 0.353 billion yuan to the joint venture company Chongqing Jiawei, which Chongqing Brewery disagrees with and stated it will firmly appeal. ② This first-instance judgment may reduce Chongqing Brewery's net income attributable to parent company last year to about 1.115 billion yuan. ③ Currently, Chongqing Brewery is still involved in several significant lawsuits with Chongqing Jiawei and its related parties, involving an amount of approximately 0.734 billion yuan.
Is Baijiu(Chinese Liquor) saved? After the Spring Festival, several Baijiu(Chinese Liquor) Funds rose over 10%. Have the investors who entered at a high point recovered their capital?
① Funds heavily invested in Baijiu are rebounding, with many products increasing over 10% after the holiday; ② Investors who poured into funds focused on Baijiu three years ago are still at a loss; ③ A total of 19 related Baijiu stocks are heavily held by public funds, with the market value of Kweichow Moutai's heavy holdings significantly reduced from its peak.
These 4 Measures Indicate That Chongqing Brewery (SHSE:600132) Is Using Debt Reasonably Well
Chongqing Beer: Announcement on the 2024 Annual Results Report of Chongqing Brewery Co., Ltd.
Chongqing Brewery Co., Ltd. 2024 Annual Results Express Announcement
There's No Escaping Chongqing Brewery Co., Ltd.'s (SHSE:600132) Muted Earnings
