<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION ESTRACTED FROM 6/30/97 BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY RERERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000742685 <NAME> THE CHLAONE WINE GROUP,LTD. <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 134 <SECURITIES> 0 <RECEIVABLES> 5,487 <ALLOWANCES> 0 <INVENTORY> 28,315 <CURRENT-ASSETS> 34,216 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 0 <CURRENT-LIABILITIES> 11,283 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 41,886 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 77,095 <SALES> 8,076 <TOTAL-REVENUES> 0 <CGS> 4658 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,920 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 455 <INCOME-PRETAX> 1,112 <INCOME-TAX> 445 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 667 <EPS-PRIMARY> .08 <EPS-DILUTED> 0