Fujian Yanjing Huiquan Brewery Co.,Ltd. Posted 770,653 Yuan Net Profit in First Quarter of 2023

Fujian Yanjing Huiquan Brewery Co.,Ltd. (福建省燕京惠泉啤酒股份有限公司) (600573.SH) reported a net profit of 770,653 yuan in the first quarter of 2023, reversing a net loss of 2.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 136.9 million yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 225.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.6%.