Jiangsu Yanghe Brewery (SHE:002304) forecasts 2025 attributable net profit to range between 2.12 billion yuan and 2.52 billion yuan, compared with 6.67 billion yuan the previous year.
The year-on-year decline of 62% to 68% is due to the "severe market sales situation," according to a Monday filing with the Shanghai bourse.
Basic earnings per share will decline to between 1.4045 yuan and 1.6752 yuan from 4.4299 yuan a year ago.
Shares of the liquor company fell 9% in recent trade.
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