Kweichow Moutai Co.,Ltd.’s Net Profit Rose 20% in First Half of 2023

Kweichow Moutai Co.,Ltd. (贵州茅台酒股份有限公司) (600519.SH) reported a net profit of 37.3 billion yuan in the first half of 2023, up 20% year-on-year.

Meanwhile, the company posted 69.6 billion yuan in revenue, up 19.4% year-on-year.

At the end of the reporting period, it had 241.6 billion yuan in total assets and 32.4 billion yuan in total liabilities, with a liability-to-asset ratio of 13.4%.