Kweichow Moutai reports 41b yuan income

China's leading liquor maker Kweichow Moutai said net profit was 41.21 billion yuan last year, according to the financial report filed to the Shanghai Stock Exchange last night.

Revenue was around 85.43 billion yuan in 2019, up about 16.01 percent year on year.

The liquor maker, which is based in southwestern  Guizhou province, produced about 75,000 tons of base liquor for its Moutai brand and series brands in 2019, up 6.88 percent year on year.