Apr 30, 2022 08:00 AM

Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 29% in First Quarter of 2022

By Caixin Automation

Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd. (江苏洋河酒厂股份有限公司) (002304.SZ) reported a net profit of 5 billion yuan in the first quarter of 2022, up 29% year-on-year.

Meanwhile, the company posted 13 billion yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 63.8 billion yuan in total assets and 16.3 billion yuan in total liabilities, with a liability-to-asset ratio of 25.6%.

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