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Kweichow Moutai sees 106% up in Q3 profit

Oct. 26, 2012 (China Knowledge) - Kweichow Moutai Co Ltd<600519>, China's top ultra-premium traditional liquor maker, has announced its net profit attributable to shareholders to hit RMB 3.42 billion in the third quarter of this year, reflecting a YoY increase of 106.05%.

According to a statement filed with Shanghai Stock Exchange, basic earnings per share for the period were RMB 3.3.

From July to September, the liquor maker saw its operation revenue hit RMB 6.67 billion, more than RMB 3.82 billion it realized in the corresponding period of 2011.

In the first nine months of this year, Kweichou Moutai's operation revenue totaled RMB 19.93 billion, reflecting a YoY increase of 46.1%.

Mean while its net profit for the nine-month period rose 58.62% YoY to RMB 10.42 billion with basic earnings per share of RMB 10.04.

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