China's top liquor brand reports 15.59% profit surge in Q1
Kweichow Moutai, China's leading liquor maker, earned profits of 33.2 billion yuan (about 4.67 billion U.S. dollars) in the first quarter of 2024, up 15.59 percent year on year.
From January to March, its revenue climbed 18.04 percent year on year to approximately 46.5 billion yuan, according to the company's quarterly report released on Friday.
Distilled in the town of Maotai in southwest China's Guizhou Province, this famed liquor is often served at state banquets.
Related articles
Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
Justin Timberlake is set to bring his The Forget Tomorrow World Tour to Australia next year.Daily Ma2024-05-21Shipwreck archaeology unveils glory of Maritime Silk Road
FUZHOU, Oct. 31 (Xinhua) -- More than 700 years ago, a vessel loaded with porcelains sank off the co2024-05-21Tennessee's governor says Volkswagen workers made a mistake in UAW union vote
GALLATIN, Tenn. (AP) — Tennessee Republican Gov. Bill Lee said Monday that he thinks workers at a Vo2024-05-21Orioles put outfielder Austin Hays on injured list and cut Peyton Burdick
ANAHEIM, Calif. (AP) — The Baltimore Orioles placed outfielder Austin Hays on the 10-day injured lis2024-05-21Jon Wysocki dead at 53: Staind drummer passes away
The music world is in mourning this Sunday, with word that original Staind drummer Jon Wysocki passi2024-05-21Who pays for a president's campaign travel?
WASHINGTON (AP) — It’s no simple matter to move the commander in chief from point A to B, and it’s e2024-05-21
atest comment