Kweichow Moutai Co.,Ltd.’s Net Profit Rose 21.5% in First Quarter of 2022

Kweichow Moutai Co.,Ltd. (贵州茅台酒股份有限公司) (600519.SH) reported a net profit of 18 billion yuan in the first quarter of 2022, up 21.5% year-on-year.

Meanwhile, the company posted 32.3 billion yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 251.3 billion yuan in total assets and 36.4 billion yuan in total liabilities, with a liability-to-asset ratio of 14.5%.