Guizhou Maotai’s revenue and net profit increase in 2020



On March 30, Guizhou Maotai Liquor Co., Ltd. (hereinafter referred to as “Guizhou Maotai”) released its 2020 annual report. According to the report, in 2020, Guizhou Maotai achieved a total revenue of 94.915 billion yuan, a year-on-year increase of 11.1%, a net profit of 46.697 billion yuan attributable to shareholders of listed companies, a year-on-year increase of 13.33%, and a basic earnings per share of 37.17 yuan / share.

Guizhou Maotai pointed out in the report that during the reporting period, the company’s liquor sales gross profit rate was 91.48%, with a year-on-year growth of 0.11%, of which the Maotai liquor sales gross profit rate was 93.99%, with a year-on-year growth of 0.21%.

In addition, the report shows that Guizhou Maotai will produce 75200 tons of base liquor in 2020, with a year-on-year growth of 0.15%, of which 50200 tons will be produced, with a year-on-year growth of 0.63%. At the same time, the technical transformation project of Maotai liquor in the 13th five year plan was fully completed and put into operation, with a new design capacity of 4032 tons of Maotai base liquor; the technical transformation project of 30000 tons of Maotai flavor series liquor was orderly promoted, with a new design capacity of 4015 tons of Maotai base liquor.

Guizhou Maotai disclosed in the report that this year’s business goal is to increase the total business income by about 10.5% compared with the previous year, and to complete the capital construction investment of 6.821 billion yuan.

Beijing Business News (reporter Zhao Dan)

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