Shanghai Jinfeng Wine Co Ltd600616
▼ NegativeDemandrelevance
Revenue fell 12.5% due to weak end-market sell-through and core market pressure, though loss narrowed on cost controls.
Impact on stocks 1
Others
Shanghai Jinfeng Wine Co LtdJinfeng Wine released its 2026 interim report on August 28. First-half operating revenue was 189 million yuan, down 12.5 percent year on year, while net loss attributable to the parent company was 5.76 million yuan, narrowing from a loss of 7.14 million yuan in the same period last year. Second-quarter revenue was 69.11 million yuan, down 11.9 percent year on year, and net loss attributable to the parent company was 6.97 million yuan, narrowing from a loss of 9.98 million yuan a year earlier. The company said the loss was mainly due to pressure in core markets and weak end-market sell-through, but cost reduction and expense control measures helped narrow the loss year on year. As of the end of the second quarter, total assets were 2.111 billion yuan and net assets attributable to the parent company were 1.894 billion yuan.
Shanghai Jinfeng Wine Co LtdRevenue fell 12.5% due to weak end-market sell-through and core market pressure, though loss narrowed on cost controls.