Wuliangye has released its 2026 half-year earnings forecast, projecting attributable net profit of 8.73 billion to 9.2 billion yuan for the first half, up 88.8% to 98.97% year on year. The company attributed the profit surge mainly to a low base in the same period last year and a recovery in sales momentum for its core products during the peak season. In the first quarter, attributable net profit reached 8.063 billion yuan, implying a second-quarter figure of 667 million to 1.137 billion yuan. The company also disclosed that as of June 30 it had repurchased a cumulative 2.5358 million shares for a total of 200 million yuan, while a 10 billion yuan dividend is about to be paid, with a proposed cash payout of 25.80 yuan per 10 shares, totaling 10.007 billion yuan. At a shareholder meeting, management said sales of the eighth-generation Wuliangye achieved double-digit growth, marking the best performance in nearly three years, and expressed full confidence in future development.
Wuliangye Yibin Co LtdForecasts 88-99% net profit surge, driven by low base and sales recovery; also announces share buyback and dividend.
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