Kouzijiao(SH:603589) 2 1 Shi Ji Jing Ji Bao Dao·2025-10-29 03:03Core Insights - The company reported a significant decline in high-end liquor sales revenue, which amounted to 2.961 billion yuan, a year-on-year decrease of 27.98% [1] - Mid-range liquor revenue also fell by 15.38% to 41 million yuan, while low-end liquor revenue increased by 25.09% to 114 million yuan [1] - Overall revenue for the company decreased by 26.70% compared to the same period last year [1] Financial Performance - In Q3 2025, the company achieved a single-quarter revenue of 643 million yuan, representing a substantial decline of 46.23% year-on-year [1] - The net profit attributable to shareholders was only 27 million yuan, down 92.55% year-on-year [1] - For the first three quarters of 2025, cumulative revenue was 3.174 billion yuan, a decrease of 27.24% year-on-year, while cumulative net profit was 742 million yuan, down 43.39% year-on-year [1] Market Performance - Both core markets, including the domestic market in Anhui province and external markets, experienced declines in revenue [1] - Revenue from the domestic market decreased by 27.24% year-on-year, while revenue from external markets fell by 23.93% [1]