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Shede Spirits Co Ltd (600702.SS)

600702.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shede Spirits sees FY 2017 net profit up 62.1 pct to 99.5 pct
Thursday, 25 Jan 2018 10:33pm EST 

Jan 26 (Reuters) - Shede Spirits Co Ltd <600702.SS>:Says it sees net profit for FY 2017 to increase by 62.1 percent to 99.5 percent, or to be 130 million yuan to 160 million yuan.Says the net profit of FY 2016 was 80.2 million yuan.Comments that increased sales and gross profit rate as main reasons for the forecast .  Full Article

Sichuan Tuopai Shede Spirits changes name to Shede Spirits
Tuesday, 16 Jan 2018 11:49pm EST 

Jan 17(Reuters) - Sichuan Tuopai Shede Spirits Co Ltd <600702.SS>:Says it changes name to Shede Spirits Co., Ltd .  Full Article

Sichuan Tuopai Shede Wine adopts new accounting policy
Wednesday, 23 Aug 2017 11:49pm EDT 

Aug 24 (Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS>:* Says it adopted new accounting policy disclosed by the Ministry of Finance on May 10, regarding subsidy .* Effective June 12.  Full Article

Sichuan Tuopai Shede Wine to raise stake in Sichuan-based glass JV
Friday, 11 Aug 2017 12:02am EDT 

Aug 11(Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS>:Says co plans to invest $8.1 million into a Sichuan-based glass JV and acquire 10 percent stake in the JV from MALAYA GLASS PRODUCTS SDN. BHD. after the investment for $5.2 million .Says co will hold 60 percent stake in the JV after investment and acquisition .  Full Article

Sichuan Tuopai Shede Wine completes sale of 100 pct stake in pharma subsidiary
Friday, 4 Aug 2017 02:03am EDT 

Aug 4 (Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS> ::* Says 100 percent stake in Sichuan Pacific Pharmaceutical Co Ltd has been transferred to co's shareholder Sichuan Tuopai Shede Group Co Ltd.  Full Article

Sichuan Tuopai Shede Wine issues H1 2017 net profit outlook
Friday, 21 Jul 2017 06:03am EDT 

July 21(Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS>:Sees H1 2017 net profit to increase by 137 percent to 180 percent, or to be 55 million yuan to 65 million yuan.Says H1 2016 net profit was 23.2 million yuan .Says that increased sales income and product structure optimization as main reasons for the outlook.  Full Article

Sichuan Tuopai Shede Wine to sell pharma subsidiary for 141.6 mln yuan
Monday, 29 May 2017 07:34am EDT 

May 29 (Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS> ::* Says it signed agreement with partner to sell its Sichuan-based wholly owned pharma subsidiary at 141.6 million yuan .  Full Article

Sichuan Tuopai Shede Wine elects chairman, vice chairman
Friday, 26 May 2017 06:57am EDT 

May 26 (Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS>:Says board elects Liu Li as chairman, Li Qiang as vice chairman.  Full Article

Sichuan Tuopai Shede Wine to pay A shares annual div for FY 2016 on May 18
Thursday, 11 May 2017 01:02am EDT 

May 11 (Reuters) - Sichuan Tuopai Shede Wine Co Ltd <600702.SS> ::* Says it will pay cash dividend of 0.072 yuan(before tax)/share for 2016 to shareholders of record on May 17 .* The company's shares will be traded ex-right and ex-dividend on May 18 and the dividend will be paid on May 18 .  Full Article

Sichuan Tuopai Shede Wine to invest 54 mln yuan to set up two wholly owned units
Wednesday, 12 Apr 2017 02:53am EDT 

Sichuan Tuopai Shede Wine Co Ltd <600702.SS> :Says it will invest 28 million yuan and 26 million yuan respectively to set up two wholly owned marketing units.  Full Article

BRIEF-Shede Spirits sees FY 2017 net profit up 62.1 pct to 99.5 pct

* Says it sees net profit for FY 2017 to increase by 62.1 percent to 99.5 percent, or to be 130 million yuan to 160 million yuan