Kweichow Moutai Is Sticking to 2020 Sales Target Despite Coronavirus Epidemic
Xu Wei
DATE:  Feb 06 2020
/ SOURCE:  yicai
Kweichow Moutai Is Sticking to 2020 Sales Target Despite Coronavirus Epidemic Kweichow Moutai Is Sticking to 2020 Sales Target Despite Coronavirus Epidemic

(Yicai Global) Feb. 6 -- Kweichow Moutai Group, the parent of listed liquor maker Kweichow Moutai, is plugging ahead with its original 2020 sales target despite the nationwide spread of the novel coronavirus-caused pneumonia.

The group, which plans to resume production on Feb. 13, has not disclosed its sales target for this year, though its listed arm said it was hoping to sell 34,500 tons of liquor.

Staff are still receiving their usual salary despite factory closures, it added.

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