Revenue of China's top liquor brand up 16.5 percent in 2022
Xinhua
31 Mar 2023, 19:05 GMT+10
GUIYANG, March 31 (Xinhua) -- China's leading liquor maker Kweichow Moutai reported that its operating revenue reached 127.6 billion yuan (about 18.57 billion U.S. dollars) in 2022, up 16.53 percent year on year.
Its net profit rose 19.55 percent year on year to 62.7 billion yuan last year, the company said in its annual report on Thursday.
Distilled in the town of Maotai in southwest China's Guizhou Province, this famed liquor is often served at state banquets.
Subscribe and Follow
Get a daily dose of Shanghai Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Shanghai Sun.
More Information
25
℃
Five receive death sentence for allegedly killing six police officers two years ago
YANGON, Myanmar - A regime court sentenced to death five people detained for their alleged involvement in a deadly August ...
Connecticut governor to sign strict gun measure
HARTFORD, Connecticut: Following a state Senate debate and vote to approve Connecticut's most comprehensive gun legislation since the laws put ...
160-year-old Mass. church called 'total loss" after lightning strike
SPENCER, Massachusetts: Spencer, Massachusetts Fire Chief Robert Parsons has said that a June 2 fire that burned down a 160-year-old ...
Russia says journalists from 'unfriendly' country cannot cover forum
MOSCOW, Russia: Journalists from countries that are "unfriendly" to Russia will be banned from covering this year's St. Petersburg International ...
Experts teach California owners how to burn fields to stop wildfires
SAN FRANCISCO, California: Landowners in California participated this week in a class organized by the El Dorado Amador Prescribed Burn ...
Palestinian boy, 2, dies in hospital after being shot by Israeli army snipers
RAMALLAH, Wet Bank - A two-and-a-half-year-old Palestinian boy shot in the head by Israeli troops has died in hospitalThe boy, ...
In first, White House OKs GE assembling military jet engines in India
WASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
Boeing CEO says not worried about new China passenger aircraft
CHARLESTON, South Carolina: During a media tour this week at Boeing's facilities in Charleston, South Carolina, company CEO Dave Calhoun ...
In first visit in 3 years, Elon Musk visit's Tesla plants in China
BEIJING, China: On his return to China after a three year absence, which is his company's largest production hub, Tesla ...
Electrosteel Jal Sevak Samman 2023 Conferred to Acknowledge Contributions in the Water Space
BusinessWire IndiaKolkata (West Bengal) [India], June 7: Electrosteel Castings Ltd. is a water infrastructure Company and pipeline solutions provider, pioneering ...
Viventis Search Asia and iMocha Partner to Help Organizations go Skills-First
PRNewswireManila [Philippines]/Pune (Maharashtra) [India], June 7: iMocha, the world's leading skills intelligence and skills assessment platform, today announced its partnership ...
J-K: Officials review Amarnath Yatra arrangements at Udhampur
Udhampur (Jammu and Kashmir) [India], June 7 (ANI): Deputy Commissioner, Udhampur Sachin Kumar Vaishya on Tuesday convened a meeting with ...
