Financial Performance Evaluation of Luzhou Laojiao Distillery Under the Background of High-quality Development of Liquor Industry
DOI:
https://doi.org/10.54097/fbem.v10i3.11466Keywords:
Luzhou Laojiao Distillery, High-quality development, DuPont analysis.Abstract
The Sichuan government has issued a series of policies and measures to ensure the high-quality development of spirits enterprises, based on the concept of high-quality development of the spirits industry. Luzhou Laojiao Distillery, as one of the representative enterprises of Sichuan spirits, has also undergone a number of reforms and breakthroughs. Based on the financial performance of Luzhou Laojiao Distillery over the last five years and using DuPont analysis, this paper studies the changes in financial performance of Luzhou Laojiao Distillery after reform, evaluates its development, and proposes reform suggestions to further promote the high-quality development of Luzhou Laojiao Distillery and provide some reference for enterprises in the same industry.
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