By Yifan Wang
Luzhou Lao Jiao Co.'s net profit climbed 30% in the first nine months of the year, thanks to higher sales of high-end products.
The Chinese liquor maker posted a net profit of 6.28 billion yuan ($982.5 million).
Revenue rose 22% to CNY14.11 billion, driven by a better product mix with more high-margin premium liquor products, the company said.
Write to Yifan Wang at yifan.wang@wsj.com
(END) Dow Jones Newswires
10-28-21 2100ET