Hebei Hengshui Laobaigan Liquor Co.,Ltd.’s Net Profit Rose 114.5% in First Three Quarters of 2022

Hebei Hengshui Laobaigan Liquor Co.,Ltd. (河北衡水老白干酒业股份有限公司) (600559.SH) reported a net profit of 533.4 million yuan in the first three quarters of 2022, up 114.5% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.