Brief: Dukang Distillers expects its revenue and earnings to be lower for 3-mnths ended 31 Dec

China Shenshan Orchard Holdings

20/01/2017 09:29

Jan 20 (Reuters) - Dukang Distillers Holdings Ltd  DDHL.SI : 
    * Expects its overall revenue and earnings to be 
significantly lower for three months ended 31 December 2016 
    * Expects its Baijiu production and operations to be 
significantly affected for its Q3 ending 31 March 2017 
    * Expected result due to austerity measures and restrictions 
in PRC which further compressed sales of high-end alcohol market 
    * Its baijiu production is expected to gradually recover 
from mid March 2017 
    * Expects baijiu performance to negatively  impact in its 
3QFY2017 revenue 
 
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