Jiangsu Yanghe Brewery's (SHE:002304) attributable profit fell 40% to 2.60 billion yuan in the first half from 4.34 billion yuan in the year-ago period, according to a Thursday filing with the Shenzhen Stock Exchange.
Earnings per share at the Chinese liquor maker decreased to 1.7271 yuan from 2.8834 yuan in the prior-year period.
Operating revenue declined 29% year over year to 10.5 billion yuan from 14.8 billion yuan.
Company shares slipped 2% during afternoon trading on Thursday.
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