Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 25.8% in First Three Quarters 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 9.1 billion yuan in the first three quarters of 2022, up 25.8% year-on-year.

Meanwhile, the company posted 26.5 billion yuan in revenue, up 20.7% year-on-year.

At the end of the reporting period, it had 61.3 billion yuan in total assets and 14.1 billion yuan in total liabilities, with a liability-to-asset ratio of 23%.