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Express News | Luzhou Laojiao Says Q1 Net Profit up 0.4% Y/Y
Luzhou Laojiao (000568.SZ): In the first quarter, the net income was 4.59 billion yuan, a year-on-year growth of 0.41%.
Gelonghui, April 27th丨Luzhou Laojiao (000568.SZ) announced its first quarter report, with revenue of 9.352 billion yuan, a year-on-year increase of 1.78%. The net income attributable to shareholders of the listed company was 4.59 billion yuan, a year-on-year increase of 0.41%. The net income attributable to shareholders of the listed company, after deducting non-recurring gains and losses, was 4.595 billion yuan, a year-on-year increase of 0.94%.
Donghai Securities: In March, the consumption of tobacco and alcohol categories showed a significant month-on-month increase, with the overall sales of the Beer Industry remaining stable.
In March, the retail sales of the tobacco and liquor sector increased by 8.5% year-on-year, with a significant improvement in growth rate compared to the previous month. Last week, the Baijiu(Chinese Liquor) Sector performed steadily. With the arrival of the Earnings Reports season, the market bottom becomes clearer after the performance of liquor companies is released.
What Is Luzhou Laojiao Co.,Ltd's (SZSE:000568) Share Price Doing?
