ZJLD Group Inc (6979) Announces 2025 Profit Warning

Bulletin Express02-27

According to a recent announcement by ZJLD Group Inc (6979), the company expects revenue of approximately 3.55 billion to 3.70 billion renminbi for the year ended December 31, 2025, compared to 7.07 billion renminbi for the previous year. This indicates a year-on-year decrease ranging from 47.70% to 49.80%.

Profit attributable to equity shareholders is anticipated to be about 520.00 million to 580.00 million renminbi, down from 1.32 billion renminbi in 2024, marking a decline of 56.10% to 60.60%. The adjusted net profit (non-IFRS measure) is projected at 520.00 million to 580.00 million renminbi, compared to 1.68 billion renminbi in 2024, reflecting a decrease of 65.50% to 69.00%.

The lower performance was attributed to softer market demand and reduced spending on baijiu, particularly for business and social banquet occasions. The company also took measures to reduce channel inventories in the second half of 2025. Strategic actions include pushing forward the Premier Retailers Alliance model, further channel inventory optimisation, and efforts to capture additional consumption demand in core and county-level markets. The figures shared are based on preliminary estimates and unaudited information, and the final results are due for release on or before March 31, 2026.

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