Kweichow Moutai (SHA:600519) posted first-half net profit attributable to shareholders of 41.70 billion yuan, or 33.19 yuan per share, up 15.9% from 35.98 billion yuan, or 28.64 yuan per share, a year earlier.
Analysts polled by Visible Alpha were expecting EPS of 32.99 yuan.
The drink company's operating income rose 17.8% year over year to 81.93 billion yuan from 69.58 billion yuan, according to a filing with the Shanghai bourse.
The Visible Alpha average estimate was for revenue of 82.75 billion yuan.
Kweichow Moutai shares rose nearly 2% in recent trade.
Price (RMB): ¥1430.69, Change: ¥+15.19, Percent Change: +1.07%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments