贵州茅台前三季度营收1284.5亿，净利润646.2亿

Core Insights - Guizhou Moutai reported a revenue of 128.45 billion yuan for the first three quarters, representing a year-on-year growth of 6.36% [1] - The net profit attributable to shareholders reached 64.63 billion yuan, with a year-on-year increase of 6.25% [1] - In the third quarter of 2025, the revenue was 39.06 billion yuan, showing a modest growth of 0.56% compared to the previous year [2] - The net profit attributable to shareholders for the third quarter was 19.22 billion yuan, reflecting a year-on-year increase of 0.48% [2] Financial Performance - Total revenue for the reporting period was 39,064,353,239.02 yuan, with a growth rate of 0.56% compared to the same period last year [2] - Total profit for the reporting period was 26,625,443,687.86 yuan, marking a growth of 0.58% year-on-year [1] - The net profit attributable to shareholders for the reporting period was 19,223,784,414.08 yuan, with a year-on-year increase of 0.48% [2] - The net profit after deducting non-recurring gains and losses was 19,290,368,807.38 yuan, showing a growth of 0.95% year-on-year [1] - Cash flow from operating activities for the year-to-date was 38,196,802,155.27 yuan, which decreased by 14.01% compared to the same period last year [1]