Gujing Gong Liquor released its 2026 interim report. First-half net profit attributable to the parent was 2.164 billion yuan, down 40.9% year on year. Operating revenue was 10.131 billion yuan, down 27.01% year on year. Net profit attributable to the parent after deducting non-recurring items was 2.15 billion yuan, down 40.7% year on year. Net operating cash flow was 1.543 billion yuan, down 62.9% year on year. Earnings per share were 4.09 yuan. In the second quarter, operating revenue was 2.69 billion yuan, down 43.3% year on year, and net profit attributable to the parent was 558 million yuan, down 58.1% year on year. As of the end of the second quarter, total assets were 38.438 billion yuan, up 0.6% from the end of the previous year, while net assets attributable to the parent were 24.891 billion yuan, down 0.6% from the end of the previous year. The company said its main business has not changed and it remains focused on the production and sale of baijiu. Facing a deep industry adjustment, it is actively adjusting its marketing strategy and channel development.
Anhui Gujing Distillery Co LtdFirst-half net profit down 40.9% and revenue down 27.01% year on year.
