Chongqing Brewery Co.,Ltd.’s Net Profit Rose 13.1% in First Quarter of 2023

Chongqing Brewery Co.,Ltd. (重庆啤酒股份有限公司) (600132.SH) reported a net profit of 774.8 million yuan in the first quarter of 2023, up 13.1% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 12.7 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 65.4%.