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Insider UK
Insider UK
Lifestyle
Peter A Walker

Scotch Malt Whisky Society owner warns of Chinese lockdown hit

The Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society, has reported revenue growth in the four months April of above 30% year-on-year.

However, it warned that the Chinese government's zero tolerance approach to managing Covid-19 has presented "additional challenges for our business" in that territory in the current quarter.

The board still considers that current consensus market expectations for the year ending 31 December 2022 are revenues of £21.6m - up from £18.2m last year.

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