Shanxi Xinghuacun Fen Wine Factory Co Ltd Class A

600809: XSHG (CHN)
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Shanxi Fen Wine Earnings: Sales Growth Slows, but Outpaces Subpremium Peers

Shanxi Fen Wine's second-quarter growth decelerated, with revenue rising just 0.4% year on year and net profit falling 13.5%. Gross margin declined by 3.2 percentage points, due to a product mix shift toward lower-end offerings.

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