date:Apr 03, 2013
control over spending on official banquets.
Spirits made by the company are regarded as favorites at high-end banquets,especially that paid for by government budgets which play an important role in Chinese people's social activities.
The company's annual business revenue increased 43.76 percent from one year earlier to 26.46 billion yuan while earnings per share stood at 12.82 yuan.
Moutai forecast a 20-percent profits growth for this year, with the company already having been been troubled