五粮液：第三季度净利润20.19亿元，同比下降65.62%

Group 1 - The core viewpoint of the article highlights a significant decline in the financial performance of Wuliangye, with Q3 2025 revenue dropping to 8.174 billion yuan, a year-on-year decrease of 52.66% [1] - The net profit for Q3 2025 was reported at 2.019 billion yuan, reflecting a year-on-year decline of 65.62% [1] - For the first three quarters of 2025, the total revenue amounted to 60.945 billion yuan, which is a 10.26% decrease compared to the same period last year [1] - The net profit for the first three quarters was 21.511 billion yuan, showing a year-on-year decline of 13.72% [1]