Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 15.8% in First Quarter of 2023

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 5.8 billion yuan in the first quarter of 2023, up 15.8% year-on-year.

Meanwhile, the company posted 15 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 67.1 billion yuan in total assets and 13.7 billion yuan in total liabilities, with a liability-to-asset ratio of 20.5%.