HongKong:0828

Dynasty Fine Wines Announces 2023 Annual Results

Retrieved on: 
Thursday, March 28, 2024
Constellation, FU, Wine, Helan Mountains, Taste, Research, Culture, Marketing, Fermentation, Growth

HONG KONG, Mar 28, 2024 - (ACN Newswire) - Dynasty Fine Wines Group Limited ("Dynasty" or "the Group") (Stock Code: 00828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2023 ("the Year").

Key Points: 
  • HONG KONG, Mar 28, 2024 - (ACN Newswire) - Dynasty Fine Wines Group Limited ("Dynasty" or "the Group") (Stock Code: 00828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2023 ("the Year").
  • There was no potential dilutive Share for the year ended 31 December 2023.
  • Sales of red and white wines products accounted for approximately 52% and 44% for the year (2022: red and white wines: approximately 47% and 50%).
  • The gross margin of red wine products and white wine products in 2023 were 32% and 38% respectively (2022 - 32% and 44% respectively).

Dynasty Fine Wines Revenue for 2023 1H Increases by 27% to HKD$128.2 Million

Retrieved on: 
Tuesday, August 29, 2023
Taste, HK, Habit, Fermentation, Research, Liquor Control Board of Ontario, Kuai, No Man's Land, RED, Wine, Dynasty

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.

Key Points: 
  • 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).

Dynasty Launches New NIANHUA Series in 2023 to Meet Needs of Different Consumer Groups

Retrieved on: 
Monday, June 12, 2023
Heart, Helan Mountains, Marketing, Culture, Chardonnay, Name, River, Dynasty, Wine, Tea

The Group has also, heeding market and consumer demands, upgraded Golden Dynasty products and adopted new strategies to improve its existing product system.

Key Points: 
  • The Group has also, heeding market and consumer demands, upgraded Golden Dynasty products and adopted new strategies to improve its existing product system.
  • The new NIANHUA series agrees with Dynasty's direction of developing grape wines in the future.
  • The series can thus better satisfy the needs of customer groups with different spending habits.
  • In recent years, Dynasty has been actively innovating and launched a new product series that can better please different wine-loving palates as well as consumers with different spending power.