五粮液今年前三季度营收超600亿元 将派发100亿元“大红包”

Core Viewpoint - The company reported a decline in revenue and net profit for the first three quarters of the year, attributing this to the deep adjustment period in the liquor industry and insufficient recovery in effective demand [1] Financial Performance - For the first three quarters, the company achieved revenue of approximately 60.945 billion yuan, a year-on-year decrease of 10.26% [1] - The net profit attributable to shareholders was about 21.5 billion yuan, down 13.72% year-on-year [1] - The decline in revenue and net profit is attributed to a combination of factors including market changes and increased investments to adapt to these changes [1] Contract Liabilities - As of the end of the third quarter, the company's contract liabilities reached 9.268 billion yuan, significantly up from 7.072 billion yuan in the same period last year [1] Dividend Distribution Plan - The company announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 25.78 yuan (including tax) for every 10 shares to all shareholders [1] - Based on a total share capital of 3.882 billion shares as of September 30, 2025, the total proposed cash dividend amounts to approximately 10.007 billion yuan (including tax) [1] - Since its listing, the company has distributed cash dividends 24 times, totaling 116.439 billion yuan, with an average dividend payout ratio of 45.71% [1] - In the last three years, the cumulative dividends (including buybacks) amounted to 55.107 billion yuan [1]