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Kweichow Moutai (600519.SH) reports rise in net profit for Q1-3

October 26, 2020


Abstract : China's leading liquor producer, Kweichow Moutai (600519.SH) said on late Sunday its net profit rose by 11.07 percent year on year to about 33.83 billion yuan (about 5.06 billion U.S. dollars) in the first three quarters of the year.

Moutai.png

BEIJING, Oct. 26 (Xinhua) -- China's leading liquor producer, Kweichow Moutai (600519.SH) said on late Sunday its net profit rose by 11.07 percent year on year to about 33.83 billion yuan (about 5.06 billion U.S. dollars) in the first three quarters of the year. 

During the period, the company generated operating revenue of about 67.22 billion yuan, an increase of 10.31 percent year on year. 

According to its plan, the company targets a 10-percent rise in its operating revenue this year. 

The following table shows performance of Kweichow Moutai in the first three quarters of 2020. 

Kweichow Moutai.png

(Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

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Keyword: Kweichow Moutai

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