金徽酒前三季度营收23.06亿元，300元以上产品收入上涨13.75%

Core Insights - The company reported a revenue decline of 0.97% year-on-year to 2.306 billion yuan for the first three quarters of 2025, with a net profit decrease of 2.78% to 324 million yuan [1] Revenue Breakdown - Revenue from products priced above 300 yuan reached 537 million yuan, an increase of 13.75% year-on-year, accounting for 24.19% of total liquor revenue [1] - Revenue from products priced between 100-300 yuan was 1.228 billion yuan, up 2.36% year-on-year, representing 55.24% of total liquor revenue [1] - Revenue from products priced below 100 yuan was 457 million yuan, a decline of 23.60% year-on-year, making up 20.57% of total liquor revenue [1] Regional Performance - Revenue from the domestic market was 1.689 billion yuan, down 2.00% year-on-year, accounting for 76.01% of total liquor revenue [1] - Revenue from the external market was 533 million yuan, a decrease of 2.46% year-on-year, representing 23.99% of total liquor revenue [1] Channel Performance - Revenue from distributor channels was 2.093 billion yuan, a decline of 2.74% year-on-year, making up 94.17% of total liquor revenue [1] - Revenue from online sales channels was 73 million yuan, an increase of 25.22% year-on-year, accounting for 3.28% of total liquor revenue [1] - Revenue from direct sales (including group purchases) was 57 million yuan, a decrease of 6.06% year-on-year, representing 2.54% of total liquor revenue [1]