Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.’s Net Profit Rose 51.3% in 2022

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (山西杏花村汾酒厂股份有限公司) (600809.SH) reported a net profit of 8.2 billion yuan in 2022, up 51.3% year-on-year.

Meanwhile, the company posted 26.2 billion yuan in revenue, up 31.3% year-on-year.

At the end of the reporting period, it had 36.7 billion yuan in total assets and 14.9 billion yuan in total liabilities, with a liability-to-asset ratio of 40.7%.