Kweichow Moutai Co.,Ltd.’s Net Profit Rose 17% in First Three Quarters of 2022

Kweichow Moutai Co.,Ltd. (贵州茅台酒股份有限公司) (600519.SH) reported a net profit of 46.3 billion yuan in the first three quarters of 2022, up 17% year-on-year.

Meanwhile, the company posted 87.2 billion yuan in revenue, up 16.5% year-on-year.

At the end of the reporting period, it had 247.8 billion yuan in total assets and 34.3 billion yuan in total liabilities, with a liability-to-asset ratio of 13.9%.