Luzhou Laojiao Reports 47.31% Drop in Net Profit for First Three Quarters

Stock News10-29

Luzhou Laojiao Co.,Ltd. (000568.SZ) has released its third-quarter report for 2026, showing that the company achieved operating revenue of 14.668 billion yuan in the first three quarters, a year-on-year decrease of 36.58%. Net profit attributable to shareholders of the listed company was 5.671 billion yuan, down 47.31% year-on-year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 5.621 billion yuan, a decline of 47.67% year-on-year. Basic earnings per share stood at 3.85 yuan.

The company's operating revenue for the first three quarters fell 36.58% compared to the same period last year, primarily due to lower product sales volume during the period.

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