Date
20 August 2018

Kweichow Moutai profit up 6.24% in Jan-Sept, filing says

Kweichow Moutai Co. Ltd. (600519.CN), a leading high-end liquor producer, said its net profit rose 6.24 percent year on year in the first nine months to 11.07 billion yuan (US$1.82 billion), according to a regulatory filing by the company on Wednesday. Revenue in the period was 21.93 billion yuan, up 10.06 percent from a year earlier. In the third quarter alone, net profit rose 11.62 percent from a year earlier and revenue rose 17.9 percent, both of which were better than the company’s first-half figures, the report said.

– Contact HKEJ [email protected]

TL/AC/SK

 

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