Yanghe Distillery Reports First Three Quarters Results: Net Profit Attributable to Shareholders Falls 53.94% to 1.831 Billion Yuan

Stock News10-30

Yanghe Distillery (002304.SZ) has released its third quarter report for 2026. For the first three quarters, the company achieved operating revenue of 11.822 billion yuan, a year-on-year decrease of 34.65%. Net profit attributable to shareholders of the listed company was 1.831 billion yuan, down 53.94% year-on-year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.798 billion yuan, a year-on-year decline of 52.15%. Basic earnings per share stood at 1.2153 yuan.

During the first three quarters, the 34.65% year-on-year drop in operating revenue was primarily driven by the impact of market conditions in the baijiu sales sector, which led to declines in both product sales volume and sales revenue.

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