洋河股份：第一季度净利润同比下降39.93%

Core Viewpoint - Yanghe Co., Ltd. reported a significant decline in both revenue and net profit for the first quarter of 2025, primarily due to adverse market conditions in the liquor sales sector [1] Financial Performance - The company's operating revenue for Q1 2025 was 11.066 billion yuan, representing a year-on-year decrease of 31.92% [1] - The net profit attributable to shareholders was 3.637 billion yuan, reflecting a year-on-year decline of 39.93% [1] Market Impact - The decline in sales volume and revenue is attributed to the overall market conditions affecting the liquor sales industry [1]