Biz News Flash
Wuliangye's Jan-Sept net profit up 44.7%
(Xinhua)
Updated: 2009-10-19 14:38
Wuliangye Yibin Co, Ltd, one of China's top liquor producers, announced Sunday evening that its net profit in the first three quarters rose 44.67 percent year-on-year to 2.299 billion yuan ($336.7 million).
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The company attributed the net profit and revenue rise to its improved products mix, stepped-up marketing efforts and reduced production costs.
The equities of the Shenzhen-listed firm ended at 21.41 yuan per share on Friday, up 0.99 percent from the previous close.
