Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 14.1% in First Half of 2023

Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd. (江苏洋河酒厂股份有限公司) (002304.SZ) reported a net profit of 7.9 billion yuan in the first half of 2023, up 14.1% year-on-year.

Meanwhile, the company posted 21.9 billion yuan in revenue, up 15.7% year-on-year.

At the end of the reporting period, it had 60.6 billion yuan in total assets and 10.7 billion yuan in total liabilities, with a liability-to-asset ratio of 17.6%.