Tsingtao Brewery Co.,Ltd.’s Net Profit Rose 19.5% in First Three Quarters of 2021

Tsingtao Brewery Co.,Ltd. (青岛啤酒股份有限公司) (600600.SH) reported a net profit of 3.7 billion yuan in the first three quarters of 2021, up 19.5% year-on-year.

Meanwhile, the company posted 26.8 billion yuan in revenue, up 9.6% year-on-year.

At the end of the reporting period, it had 45.3 billion yuan in total assets and 21.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.6%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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