Zhujiang Brewery H1 Profit Up 23%, Revenue Rises 7%

MT Newswires Live08-29

Guangzhou Zhujiang Brewery (SHE:002461) posted first-half attributable net profit of 612.3 million yuan, up 23% from 499.8 million yuan the previous year.

Earnings per share rose to 0.2766 yuan from 0.2258 yuan, according to a Friday filing with the Shenzhen bourse.

The brewery's operating revenue rose 7.1% year over year to 3.20 billion yuan from 2.99 billion yuan.

Shares of the company were up 2% at close of trade.

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