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Jiangsu Yanghe First-Half Net Income Rises 70% on Year

Jiangsu Yanghe Brewery Joint-Stock Co. expects net income for the nine months ending Sept. 30 to rise 50 to 70 percent from 1.54 billion yuan a year earlier, according to a statement from the Chinese liquor maker to Shenzhen’s stock exchange.

Net income for the six months ended June 30 rose 70 percent to 1.81 billion yuan from a year earlier, according to the statement.

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