Anhui Kouzi Distillery Co.,Ltd.’s Net Profit Rose 15.5% in First Quarter of 2022

Anhui Kouzi Distillery Co.,Ltd. (安徽口子酒业股份有限公司) (603589.SH) reported a net profit of 485.3 million yuan in the first quarter of 2022, up 15.5% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 11.8% year-on-year.

At the end of the reporting period, it had 11.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 21.2%.