Kweichow Moutain expects H1 revenue to rise 18.8% on year

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

China’s iconic liquor maker Kweichow Moutai said that its revenue for the first half of the year is expected to reach around 70.6 billion yuan, rising by about 18.8% from a year earlier. 

The company’s first-half net profit attributable to the shareholders of the listed companies is expected to reach about 35.6 billon yuan, rising by about 19.5% from a year earlier, it said.