老白干酒上半年营收净利双增，经销商净增加199个

Financial Performance - In the first half of 2025, the company achieved operating revenue of 2.481 billion yuan, a year-on-year increase of 0.48% [1][2] - The net profit attributable to shareholders was 321 million yuan, reflecting a year-on-year growth of 5.42% [1][2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 296 million yuan, up by 6.45% year-on-year [1][2] Revenue Breakdown - Revenue from products priced above 100 yuan reached 1.317 billion yuan, marking a year-on-year increase of 5.1% [3] - Revenue from products priced below 100 yuan was 1.153 billion yuan, showing a year-on-year decrease of 3.81% [3] Sales Channels - Direct sales (including group purchases and online sales) generated 185.72 million yuan, an increase of 16% compared to the previous period [6] - Revenue from the distributor model was 2.284 billion yuan, showing a slight decrease of 0% [6] Distributor Network - The total number of distributors for the company reached 11,676, with a net increase of 199 distributors during the reporting period [6] - The number of distributors increased in several regions, including Hebei (93 new), Hunan (82 new), and others [7]