Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.’s Net Profit Rose 70.6% in First Quarter of 2022

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (山西杏花村汾酒厂股份有限公司) (600809.SH) reported a net profit of 3.7 billion yuan in the first quarter of 2022, up 70.6% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 43.6% year-on-year.

At the end of the reporting period, it had 30.9 billion yuan in total assets and 11.6 billion yuan in total liabilities, with a liability-to-asset ratio of 37.5%.