Business

Chinese Liquor Giant Moutai Reports Slump

Updated 2026-08-19 01:10 UTC 1 source Negative

Kweichow Moutai, China's leading liquor company, reported a rare drop in half-year profits. This signals potential economic challenges for the country's luxury goods sector.

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CNBC
Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record.
2026-08-18 23:58 UTC
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