Kuaijishan Shaoxing Wine Co.,Ltd.’s Net Profit Dropped 12.8% in First Half of 2022

Kuaijishan Shaoxing Wine Co.,Ltd. (会稽山绍兴酒股份有限公司) (601579.SH) reported a net profit of 77.7 million yuan in the first half of 2022, down 12.8% year-on-year.

Meanwhile, the company posted 544.5 million yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 634.8 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.