China's top liquor brand reports profit rise

Xinhua
China's leading liquor maker Kweichow Moutai saw its net profit rise about 19 percent year on year to nearly 16.6 billion yuan (US$2.6 billion) in the first quarter of 2022.
Xinhua

China's leading liquor maker Kweichow Moutai saw its net profit rise about 19 percent year on year to nearly 16.6 billion yuan (US$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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