The profitability of Chinese baijiu makers recovered last year, according to a report published by the World Alcoholic Beverage Alliance on Monday. The gross margin of baijiu, or "white liquor," producers' main business grew to 33.1 ...
Tags: Liquor Industry, Baijiu
Corporate financial results for the first half of this year are nigh, and more than 60 percent of some 1,800 A-share listed companies have said they expect positive growth. Agriculture, biopharmaceutical, food and beverage are among the ...
Revenue from the sale of China's national liquor, Maotai, has been on the rise through the first 11 months, despite the government's continued frugality campaign. The Kweichow Moutai Group is reporting a 4-percent rise in revenues through ...
Tags: Kweichow Moutai, exhibition, Revenue
Kweichow Moutai Co., Ltd. (SHSE: 600519) recorded operating revenue of CNY 21.936 billion in the first nine months of this year, growing 10.06% over a year earlier. Net profits attributable to shareholders hit CNY 11.07 billion, growing ...
Tags: wine, Agriculture, Food
Chill winds are sweeping the Chinese liquor (baijiu) industry, and competition in the low and middle ranks of the market will persist as the government continues a crackdown on luxury official banquets, analysts said. "We believe the ...
Tags: Distiller, Chinese Liquor