Home » Liquor sector oscillated higher after opening lower, Wuliangye’s third quarterly report fell short of expectations

Liquor sector oscillated higher after opening lower, Wuliangye’s third quarterly report fell short of expectations

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CBN 2021-11-01 12:27:21

Editor in charge: Hao Yunying

The liquor sector opened lower today, with Wuliangye and others leading the decline. On the news, Wuliangye announced its third quarterly report after the market last Friday. In the third quarter alone, it achieved operating income of 12.969 billion yuan, a year-on-year increase of 10.61%; net profit attributable to the mother was 4.127 billion yuan, a year-on-year increase of 11.84%. Essence Securities believes that Wuliangye’s third quarter revenue Rhythm adjustment caused the growth rate to fall short of expectations.

Liquor sector oscillated higher after opening lower, Wuliangye’s third quarterly report fell short of expectations

The liquor sector opened lower today, with Wuliangye and others leading the decline. On the news, Wuliangye announced its third quarterly report after the market last Friday. In the third quarter alone, it achieved operating income of 12.969 billion yuan, a year-on-year increase of 10.61%; net profit attributable to the mother was 4.127 billion yuan, a year-on-year increase of 11.84%. Essence Securities believes that Wuliangye’s third quarter revenue Rhythm adjustment caused the growth rate to fall short of expectations.

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