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China's Kweichow Moutai net profit up 24.6% in H1

Kweichow Moutai Co Ltd, China's leading liquor producer, announced Thursday evening that it had made a net profit of 2.79 billion yuan ($408.4 million) in the first half of the year, up 24.59 percent year-on-year.

Company revenue in the first half was 5.55 billion yuan, up 20.05 percent year-on-year, the company said in its half-year report to the Shanghai Stock Exchange.

The Shanghai-listed firm's shares had edged up 0.79 percent to 165.07 yuan a share Thursday before the release of the report.

 Source : Xinhua  Editor: Ivy
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