水井坊前三季度实现营收23.48亿元

Core Viewpoint - Sichuan Shui Jing Fang Co., Ltd. reported a recovery in profitability for Q3 2025, with significant revenue growth and a notable increase in net profit margin compared to the first half of the year [1] Financial Performance - For the first nine months of 2025, the company achieved a total revenue of 2.348 billion yuan and a net profit attributable to shareholders of 434 million yuan [1] - The revenue from high-end and mid-range products was 2.078 billion yuan and 131 million yuan, respectively [1] Sales Channels - Revenue from new channels and wholesale agency channels reached 562 million yuan and 1.647 billion yuan, respectively, with new channels experiencing a year-on-year growth of 71.24% [1] Profitability - The company returned to profitability in Q3, achieving the highest net profit margin in three quarters, along with a quarter-on-quarter revenue increase [1]