China:Yunnan Tobacco Industrial Corp. Sets up 2009 Taxes Target: 62 Billion

Source from:  TobaccoChina Online 03/16/2009

Yunnan tobacco industry will see a steady development in 2009. Recently, Yunnan Tobacco Industrial Corp. has decided the key targets of this year: to ensure taxes and profits increase 4 billion yuan year-on-year, to 62 billion yuan, and strive to achieve 63 billion yuan, among it Hongta group to ensure taxes and profits up to 2.5 billion yuan, and strive to achieve 3 billion yuan, and Hongyunhonghe Group to ensute 2 billion yuan, and strive to reach 2.5 billion yuan. It will be a difficult task to reach in the high starting point. More than 80% of cigarettes sales depend on selling outside of Yunnan. To reach targets and keep steady and healthy development are top priorities of Yunnan. Enditem