Elite's net profit in the first three quarters increased by 31.63% year-on-year

Beijing Business News (reporter Zhao Shu commented Zhai Fengrui) on October 27, Xinjiang Elite Industrial Co., Ltd. (hereinafter referred to as "Elite") released the third quarter of 2021 report, the company achieved revenue of 1.464 billion yuan in the first three quarters of this year, an increase of 26.44% year-on-year, and achieved a net profit of 266 million yuan, an increase of 31.63% year-on-year. It is worth noting that from the third quarter, the net profit of Elite in the third quarter has declined year-on-year. In the third quarter, Yilite achieved revenue of 434 million yuan, an increase of 19% year-on-year, and the net profit of internships was 54.4277 million yuan, down 3.23% year-on-year.

Beijing Business Daily reporter noted that Yilite's sales revenue of all products in the first three quarters of this year has increased. Specifically, the sales revenue of high-grade wine, mid-range wine and low-grade wine was 1.052 billion yuan, 336 million yuan and 62.5474 million yuan respectively, an increase of 16.31%, 76.41% and 6.5% respectively.

It is worth noting that in the first three quarters of this year, the sales revenue of Yilite's out-of-xinjiang region declined. In the first three quarters of this year, the sales revenue of Yilite outside Xinjiang was 352 million yuan, down 11.75% year-on-year, and the sales revenue in Xinjiang was 1.099 billion yuan, an increase of 45.54% year-on-year.

Yilite said in the announcement that the company had 52 first-class liquor distributors in the first three quarters of this year, a decrease of 1 from the previous year. Among them, there are 44 in Xinjiang and 8 outside Xinjiang. The number of dealers outside the brand operation company was 117, a decrease of 35 year-on-year.