Moutai toasts healthy growth

Liquor-maker optimistic on sector stability amid consumption upgrade trend

Kweichow Moutai Co Ltd, China's signature high-end spirit maker, has reported booming profit growth in 2018, and a robust growth plan for 2019.

Last year, Moutai, a distiller from Maotai town in Southwest China's Guizhou province, achieved whole-year sales revenue of 75 billion yuan ($10.9 billion), up 23 percent year-on-year.