NBD AI Bulletin -- Jiangsu King's Luck Brewery Joint-Stock Co, Ltd (SH 603369, closing price: 57.36 yuan) on January 18 released a performance forecast, saying that in 2020, the Company is expected to post 5.1 billion yuan in operation revenue, up 4.7% year on year; the net profit attributable to shareholders is estimated to be about 1.55 billion yuan, an increase of about 92 million yuan compared with a year earlier or up 6.3% year over year. The net profit attributable to shareholders after deducting non-recurring profit and loss is expected to be 1.54 billion yuan, an increase of about 101 million yuan or 7% compared with the year earlier. The main reason for the change in performance is the impact of the main business.
The 2019 annual report shows that the main business of Jiangsu King's Luck Brewery JSC is alcohol, other, accounting for 99.25%,0.31% of revenue, respectively.
Jiangsu King's Luck Brewery JSC's chairman is Zhou Suming, male, 59 years old, Chinese nationality, no overseas residency, Tsinghua University EMBA, senior economist. The president of Jiangsu King's Luck Brewery JSC is Gu Xiangyue, male, 53 years old, Han nationality, master's degree.
(By Gao Han)
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