Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 21.8% in First Half of 2022

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 6.9 billion yuan in the first half of 2022, up 21.8% year-on-year.

Meanwhile, the company posted 18.9 billion yuan in revenue, up 21.6% year-on-year.

At the end of the reporting period, it had 57.4 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 21.8%.