Friday, 24 September 2021 07:02 GMT

China's leading liquor producer profits increase 9.08 percent

(MENAFN)Kweichow Moutai, China's leading liquor producer stated that its net profit increased 9.08 percent yearly to 24.65 billion yuan (about USD3.8 billion) in the first six months of the year.

China's leading liquor producer in its six-month financial report that it produced operating income of 50.72 billion yuan, which is a rise of 11.68 percent from the first half of 2020.

In addition, the company's income surged 10.29 percent to almost 98 billion yuan in last year, purified in the town of Mao-tai in southwest China's Guizhou Province, Moutai is one of China's leading liquor brands.

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