Dynasty expects revenue to nearly double year-on-year to over HK$170 million in the first half of 2021
Increases sales of medium to high end wine products and improves gross profit margin
HONG KONG, Aug 2, 2021 - (ACN Newswire) - Dynasty Fine Wines Group Limited (HKG: 828), a premier winemaker in China, today issued a profit alert update based on its latest unaudited consolidated management accounts. The Group expects to record a year-on-year increase in consolidated revenue of approximately 90% to 100%, reaching more than HK$170 million for the six months ended 30 June 2021 (the Period). The consolidated profit for the Period is expected to be between HK$10 million and HK$20 million. The significant increase in Dynasty’s revenue during the Period was mainly attributable to thr...