Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.’s Net Profit Rose 34.4% in First Half of 2023

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 6.8 billion yuan in the first half of 2023, up 34.4% year-on-year.

Meanwhile, the company posted 19 billion yuan in revenue, up 24% year-on-year.

At the end of the reporting period, it had 39.4 billion yuan in total assets and 14.9 billion yuan in total liabilities, with a liability-to-asset ratio of 37.7%.