Jiugui Liquor Co.,Ltd.’s Net Profit Dropped 42.4% in First Quarter of 2023

Jiugui Liquor Co.,Ltd. (酒鬼酒股份有限公司) (000799.SZ) reported a net profit of 300.2 million yuan in the first quarter of 2023, down 42.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 42.9% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 26.8%.