Guangzhou Zhujiang Brewery Co.,Ltd.’s Net Profit Rose 20.6% in First Quarter of 2023

Guangzhou Zhujiang Brewery Co.,Ltd. (广州珠江啤酒股份有限公司) (002461.SZ) reported a net profit of 91.9 million yuan in the first quarter of 2023, up 20.6% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 18.8% year-on-year.

At the end of the reporting period, it had 14.3 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 31.6%.