Kuaijishan Shaoxing Wine Co.,Ltd.’s Net Profit Rose 5.9% in First Three Quarters of 2023

Kuaijishan Shaoxing Wine Co.,Ltd. (会稽山绍兴酒股份有限公司) (601579.SH) reported a net profit of 106.1 million yuan in the first three quarters of 2023, up 5.9% year-on-year.

Meanwhile, the company posted 935.2 million yuan in revenue, up 14.7% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 616.8 million yuan in total liabilities, with a liability-to-asset ratio of 14.4%.