China Securities Daily reported early Tuesday that a person in Maotai, Guizhou Province (600519.SS) said that the company's production, operation, market and price are stable and the expected growth for the whole year can be achieved after the stock price fell yesterday. Up to now, there has been no news that major shareholders have buy back plans.
In the company's annual report for 2017, Guizhou Maotai said its revenue target for 2018 was to increase by about 15% compared with the previous year, that is, to achieve annual revenue of 66.951 billion yuan.
In the first three quarters of this year, Maotai, Guizhou, achieved business income of 52.242 billion yuan, which was 14.709 billion yuan short of the annual target value. In the fourth quarter of last year, Moutai Guizhou achieved an operating income of 15 billion 767 million yuan, which was higher than the target value gap mentioned above.
On Sunday evening, Maotai, Guizhou, reported three-quarter revenue and net profit of 18.845 billion yuan and 8.969 billion yuan in the third quarter, up only 3.20% and 2.71% year-on-year. Affected by this, Moutai Guizhou opened its first price limit on Monday for 549.09 yuan, and has maintained its closing market.

<>Guizhou Moutai people said that the annual expected growth can be realized witho

 

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