Shede Spirits Co.,Ltd.’s Net Profit Rose 9.1% in First Half of 2023

Shede Spirits Co.,Ltd. (舍得酒业股份有限公司) (600702.SH) reported a net profit of 921.1 million yuan in the first half of 2023, up 9.1% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 16.6% year-on-year.

At the end of the reporting period, it had 10.9 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 34.6%.