洋河股份：第三季度净利润亏损3.69亿元

Core Viewpoint - Yanghe Co., Ltd. reported a significant decline in both revenue and net profit for the third quarter of 2025, primarily due to the adverse conditions in the liquor sales market [1] Financial Performance - The company's third-quarter revenue was 3.295 billion yuan, representing a year-on-year decrease of 29.01% [1] - The net profit for the third quarter was a loss of 369 million yuan, marking a shift from profit to loss compared to the previous year [1] - For the first three quarters of 2025, the total revenue was 18.09 billion yuan, down 34.26% year-on-year [1] - The net profit for the first three quarters was 3.975 billion yuan, reflecting a 53.66% decrease year-on-year [1] - The basic earnings per share stood at 2.6387 yuan [1] Market Impact - The decline in sales volume and revenue is attributed to the overall market conditions affecting the liquor sales sector [1]