Guangzhou Zhujiang Brewery Co.,Ltd.’s Net Profit Dropped 4.4% in First Three Quarters of 2022

Guangzhou Zhujiang Brewery Co.,Ltd. (广州珠江啤酒股份有限公司) (002461.SZ) reported a net profit of 580.5 million yuan in the first three quarters of 2022, down 4.4% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 14.2 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 32%.