Kweichow Moutai Co.Ltd(600519) (600519) on December 31, 2021, the announcement on production and operation in 2021 was issued: the total operating revenue in 2021 is expected to be about 109 billion yuan. This is the first time that its total operating revenue has exceeded 100 billion yuan.
Kweichow Moutai Co.Ltd(600519) is a holding subsidiary of China Kweichow Moutai Co.Ltd(600519) distillery (Group) Co., Ltd. Maotai Group achieved a total operating revenue of more than 100 billion yuan in 2019, Kweichow Moutai Co.Ltd(600519) which was 88.854 billion yuan in that year and 97.993 billion yuan in 2020.
The announcement shows that in 2021, about 56500 tons of Maotai base liquor and about 28200 tons of series base liquor will be produced; It is estimated that the total operating revenue will be 109 billion yuan, with a year-on-year increase of about 11.2%, including about 93.2 billion yuan for Maotai liquor and 12.6 billion yuan for series liquor. The net profit attributable to the shareholders of the listed company is expected to be about 52 billion yuan, a year-on-year increase of about 11.3%.
According to the information disclosure of Kweichow Moutai Co.Ltd(600519) in recent ten years, the release of the latest annual production and operation announcement began with the announcement of “2016 main operation data and 2017 production and sales plan” issued in late December 2016. Since 2017, it has been released around New Year’s day. The announcement data include the annual output of Maotai base liquor and series base liquor, the expected total operating revenue and expected growth rate, and the expected net profit and growth rate attributable to the shareholders of the listed company. From 2020, the respective operating revenue of Maotai liquor and Maotai series liquor will be increased.
It can be seen from the announcement that in 2021, both Maotai base liquor and series base liquor increased significantly compared with 2020, Maotai base liquor increased from 50000 tons in 2020 to 56500 tons, and series base liquor increased from 25000 tons in 2020 to 28200 tons. In 2018, 2019 and 2020, the basic production of Maotai liquor was 49700 tons respectively. 49900 tons and 50000 tons, and the output of series liquor base liquor is 20500 tons, 25100 tons and 25000 tons.
