China's top liquor brand reports profit rise
Xinhua |
Updated: 2022-03-29 14:34
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GUIYANG -- China's leading liquor maker Kweichow Moutai saw its net profit rise about 19 percent year-on-year to nearly 16.6 billion yuan ($2.6 billion) in the first quarter of 2022.
It also generated an operating revenue of about 33.1 billion yuan, an annual increase of about 18 percent, the company said in its first-quarter earnings report.
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