Kweichow Moutai's Q1 2025 earnings surge amid strong sales

Kweichow Moutai (SSE:600519) announced a 10.54% year-over-year increase in revenue, reaching CNY 50.60 billion for the first quarter of 2025. Net profit attributable to shareholders climbed 11.56% to CNY 26.85 billion, resulting in basic and diluted earnings per share of CNY 21.38, up from CNY 19.16 in the same period last year. This growth was underpinned by a 0.35 percentage point increase in the weighted average return on net assets, reaching 10.92%.