date:Apr 03, 2013
Wuliangye Yibin Co Ltd, one of China's top liquor brands, announced Monday that its 2012 net profit surged 61.35 percent year-on-year to 9.94 billion yuan ($1.6 billion).
However, the alcohol drinks maker warned in its annual report to the Shenzhen Stock Exchange that such rapid growth might not be repeated this year due to changes in macro policy and economic environment, predicting a slowdown in revenue.
In December, the Chinese government launched a national campaign prohibiting officials a