Jiangsu King'S Luck Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 26.7% in First Half of 2023

Jiangsu King'S Luck Brewery Joint-Stock Co.,Ltd. (江苏今世缘酒业股份有限公司) (603369.SH) reported a net profit of 2 billion yuan in the first half of 2023, up 26.7% year-on-year.

Meanwhile, the company posted 6 billion yuan in revenue, up 28.5% year-on-year.

At the end of the reporting period, it had 18.8 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 35.2%.