Dynasty Fine Wines Revenue for 2023 1H Increases by 27% to HKD$128.2 Million
HONG KONG, Aug 29, 2023 - (ACN Newswire) - Dynasty Fine Wines Group Limited ("Dynasty" or the "Group") (Stock Code: 00828), a premier grape winemaker in China, today announced its unaudited interim results for the six months ended 30 June 2023.
- HONG KONG, Aug 29, 2023 - (ACN Newswire) - Dynasty Fine Wines Group Limited ("Dynasty" or the "Group") (Stock Code: 00828), a premier grape winemaker in China, today announced its unaudited interim results for the six months ended 30 June 2023.
- Therefore, in the first half of 2023, the Group's revenue increased by 27% to HK$128.2 million, compared to the same period last year, whereas profit attributable to owners of the Company remained at HK$10.7 million.
- Both red and white wine products served as the Group's major revenue contributors, each accounting for approximately 48% of the Group's revenue for the period.
- Gross margin of red wine products and white wine products were 31% and 45% respectively (2022 1H: 35% and 44% respectively).