Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 25% in 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 9.4 billion yuan in 2022, up 25% year-on-year.

Meanwhile, the company posted 30.1 billion yuan in revenue, up 18.8% year-on-year.

At the end of the reporting period, it had 68 billion yuan in total assets and 20.4 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.