Companies
Liquor producer Kweichow Moutai net profit up 13.5%
(Xinhua)
Updated: 2010-04-02 10:00
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Large Medium Small |
BEIJING: Renowned Chinese liquor producer Kweichow Moutai Co, Ltd announced Thursday its annual net profit in 2009 rose 13.5 percent to 4.31 billion yuan ($631 million) on strong market demand.
The drought in southwestern Guizhou province had not affected the firm's normal production and liquor prices had not changed, said the report.
The A-share price of the upmarket distiller edged up 0.82 percent to 160.06 yuan per share Thursday.
