On October 31, Luzhou Laojiao Co.,Ltd. (000568.SZ) responded to inquiries about its Q3 earnings decline and future outlook. A company representative stated that the baijiu industry is undergoing an adjustment phase due to broader market conditions, impacting most sector players' performance. The company emphasized efforts to maintain healthy operations despite challenges.
The representative noted, "The industry adjustment may persist for some time, but we remain confident in our long-term prospects."
On October 30, Luzhou Laojiao released its Q3 2025 report, showing total revenue of 23.13 billion yuan (down 4.84% YoY) and net profit of 10.76 billion yuan (down 7.17% YoY) for the first three quarters. Q3 standalone revenue fell 9.80% to 6.67 billion yuan, with net profit dropping 13.07% to 3.10 billion yuan.
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