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China's leading liquor producer reports H1 profits

2020-7-29 11:43

 

GUIYANG, July 28 (Xinhua) -- China's leading liquor producer, Kweichow Moutai, said its net profit rise by 13.29 percent year on year to 22.6 billion yuan (about 3.2 billion U.S. dollars) in the first half of 2020.

The company also said in its H1 earnings report that it generated operating revenue of 43.95 billion yuan, an annual increase of 11.31 percent.

The domestic market contributed 42.81 billion yuan of its operating income in H1.

As of the close of trading on July 28, Moutai's share price was 1,670 yuan, up by 2.92 percent on the day, with its total market value reaching nearly 2.1 trillion yuan.

In 2019, Moutai's revenue was at around 88.85 billion yuan, up by about 15.1 percent year on year. Its operating profit rose by 14.99 percent from the previous year to about 59 billion yuan.

The legendary liquor producer, based in southwest China's Guizhou Province, produced around 75,000 tonnes of base liquor for its Moutai brand and series brands in 2019, up by 6.88 percent year on year.

 

贵阳,7月28日(新华社)——中国领先的白酒生产商贵州茅台表示,其净利润在2020年上半年达到226亿元(约32亿美元),同比增长13.29%。


该公司还在其H1盈利报告中表示,营业收入为439.5亿元人民币,同比增长11.31%。


今年上半年,中国国内市场贡献了人民币428.1亿元的营业收入。


截至7月28日收盘,茅台股价为1670元,当日上涨2.92%,总市值接近2.1万亿元。


2019年,茅台的收入约为888.5亿元,同比增长约15.1%。其营业利润同比增长14.99%,达到约590亿元。


这家位于中国西南部贵州省的传奇白酒生产商,在2019年为其茅台品牌和系列品牌生产了约7.5万吨的基酒,同比增长6.88%。

 

来自: xinhua