Luzhou Lao Jiao Co.,Ltd.’s Net Profit Rose 27.8% in First Half of 2023

Luzhou Lao Jiao Co.,Ltd. (泸州老窖股份有限公司) (000568.SZ) reported a net profit of 7.1 billion yuan in the first half of 2023, up 27.8% year-on-year.

Meanwhile, the company posted 14.6 billion yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 61.5 billion yuan in total assets and 26.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.