Jiangsu Yanghe Brewery Joint-Stock Co.,Ltd.’s Net Profit Rose 12.6% in First Three Quarters 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 10.2 billion yuan in the first three quarters of 2023, up 12.6% year-on-year.

Meanwhile, the company posted 30.3 billion yuan in revenue, up 14.4% year-on-year.

At the end of the reporting period, it had 64.5 billion yuan in total assets and 12.2 billion yuan in total liabilities, with a liability-to-asset ratio of 19%.