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Moutai Reports Strong Q1 Performance

  • Category: Spirits
  • Date: 10/04/2019
Chinese spirit brand Kweichow Moutai opened with a record high share price of RMB 900 (US$134) per share on Monday (8 April), spurred on by the company’s strong performance in the first quarter of the year, with 20% growth in revenue and nearly 30% growth in net profit.