Kweichow Moutai Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 27,270.884 million compared to CNY 24,405.394 million a year ago. Operating income was CNY 19,714.061 million compared to CNY 18,560.620 million a year ago. Net income was CNY 13,954.462 million compared to CNY 13,093.770 million a year ago. Basic earnings per share from continuing operations was CNY 11.11 compared to CNY 10.42 a year ago.