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Wuliangye Yibin Q1 Profit Up 83%

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Wuliangye Yibin (SHE:000858) posted first-quarter attributable net profit of 8.06 billion yuan, up 83% from 4.42 billion yuan the previous year.

Earnings per share climbed to 2.0772 yuan from 1.1378 yuan, according to a Thursday filing with the Shenzhen bourse.

The distillery company's operating revenue rose 34% year over year to 22.8 billion yuan from 17.1 billion yuan.

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