Wine Distributors To Restore Profit Margins Decline Narrowed Significantly
Broker latest research summary of the show: "the three consumption" ratio has a relatively small per cent of wine, wine dealers have returned to profit. According to wine industry profits end down, company performance or will bottom out during the year.
The wine industry data have been disclosed in the first half. From a data perspective, currently the wine industry is still adjusting, but in 2013, has been significantly improved. This industry changes mainly due to a corruption storm, rather than import growth. The current "three consumption" has more limited room for further decline, and private consumption growth trend has not changed for a long time. Therefore, the continued deterioration of the domestic wine industry space has not resumed growth can be expected.