Kweichow Moutai Reports 19.5% Increase in 1H Net Income to 35.6 Billion Yuan

• Kweichow Moutai, a Chinese liquor company, has reported a 19.5% increase in its preliminary net income for the first half of 2023.
• The company earned 35.6 billion yuan in net income in the first half of the year.
• Total revenue for the period increased by 18.8% to 70.6 billion yuan.
• The company has received a total of 51 buys, 1 hold, and 0 sells from analysts.

A look at Kweichow Moutai Smart Scores

Kweichow Moutai Co., Ltd., a global producer of spirits, has been given an overall outlook of 3 out of 5 by the Smartkarma Smart Scores. This indicates that, while the company’s value and dividend scores are not particularly strong, its growth, resilience, and momentum scores are higher. This suggests that, in the long term, Kweichow Moutai should be able to continue producing quality spirits and expanding its reach around the world.

The company produces spirits distilled from sorghum and wheat, and markets its products worldwide. Its higher scores in growth, resilience, and momentum suggest that Kweichow Moutai should be able to continue to build on its success and increase its global presence in the years to come.

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