老白干酒：前三季度净利润同比下降28% 白酒消费需求较弱出库减少

Core Insights - The company reported a significant decline in revenue and net profit for the first three quarters of 2025, with revenue at 3.33 billion yuan, a year-on-year decrease of 18.53% [1] - The net profit attributable to shareholders was 400 million yuan, down 28.04% year-on-year [1] - In the third quarter alone, revenue was 849 million yuan, reflecting a substantial year-on-year decline of 47.55% [1] - The net profit for the third quarter was approximately 79.39 million yuan, a decrease of 68.48% compared to the same period last year [1] - The primary reason for the decline in performance is attributed to weak consumer demand for liquor and reduced shipments during the reporting period [1]