Kweichow Moutai (SHA:600519) posted first-half attributable net profit of 44.5 billion yuan, down 2% from 45.4 billion yuan the previous year.
Earnings per share slipped to 35.57 yuan from 36.18 yuan, according to a filing with the Shanghai bourse.
The alcoholic beverage manufacturer's operating revenue rose 1.5% year over year to 90.7 billion yuan from 89.4 billion yuan.
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