|
BIZCHINA> Industries
![]() |
|
Consumer: Moutai plans $212m expansion project
(Agencies)
Updated: 2008-12-04 17:09 Kweichow Moutai Co, one of China's top makers of traditional Chinese liquor, said on Thursday that it planned to spend about 1.46 billion yuan ($212 million) in the next year to boost its annual production capacity by 2,000 tonnes. The expansion project includes building 10 workshops with an annual production capacity of 200 tonnes of the spirit each, and several related facilities such as warehouses and official buildings, the company said in a statement. The company said it expected the expanded production of the Moutai drink, served at Chinese state banquets, would contribute sales revenues of 1.27 billion yuan a year and a total pre-tax profit of 585 million yuan. The company said in a separate statement that it would finance the project without raising funds from the public markets. Its current annual production has exceeded 10,000 tonnes, according to the company's website. (For more biz stories, please visit Industries)
|
原阳县| 永宁县| 海城市| 井冈山市| 濉溪县| 多伦县| 浪卡子县| 观塘区| 佛坪县| 开平市| 辽宁省| 金坛市| 新绛县| 元谋县| 赣州市| 定州市| 益阳市| 大宁县| 中卫市| 奉化市| 永德县| 信丰县| 琼结县| 呼伦贝尔市| 海南省| 南涧| 阜南县| 藁城市| 万安县| 毕节市| 海门市| 阿坝县| 新源县| 抚顺市| 卫辉市| 华亭县| 左云县| 长丰县| 墨竹工卡县| 繁昌县| 沾化县|