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A-shares of baijiu(chinese liquor) stocks have fluctuated and rebounded, with jiangsu yanghe brewery joint-stock rising nearly 3%.
Gelonghui on November 14th: Jiangsu Yanghe Brewery Joint-Stock rose nearly 3%, Anhui Yingjia Distillery, Shanxi Xinghuacun Fen Wine Factory, Wuliangye Yibin rose over 1%, Kweichow Moutai and others followed the rise.
Jiangsu Yanghe Brewery Joint-Stock (002304): Focus on destocking, adjust and optimize channel relationships.
The company's total operating income for 2024 Q1-3 was 27.516 billion yuan (a decrease of 9.14% year-on-year); net income attributable to equity holders was 8.579 billion yuan (a decrease of 15.92% year-on-year), with a non-recurring net income of 8.397 billion yuan (the same
jiangsu yanghe brewery joint-stock (002304): Reduce speed to relieve pressure and regroup.
Investment Highlights: The company released the 24Q3 financial report, achieving revenue of 27.52 billion yuan in the first three quarters, a decrease of 9.1%; net profit attributable to the parent company was 8.58 billion yuan, a decrease of 15.9%. Revenue in the third quarter alone reached 4.64 billion yuan, same
Jiangsu Yanghe Brewery Joint-Stock Company (002304): In the third quarter, the company took the initiative to reduce inventory, unload burdens, and go into battle lightly.
Jiangsu Yanghe Brewery Joint-Stock announces its financial report for the third quarter of 2024. In Q1-Q3 2024, the company achieved revenue of 27.52 billion yuan, a decrease of 9.1% year-on-year, with a net profit attributable to shareholders of 8.58 billion yuan, a decrease of 15.9% year-on-year, and a non-net profit attributable to shareholders of 8.4 billion.
Jiangsu Yanghe Brewery Joint-Stock (002304): Operation under short-term pressure, accumulating strength for future development
Event: The company released the third-quarter report of 2024, achieving revenue of 27.52 billion yuan in the first three quarters, a year-on-year decrease of 9.1%; net income attributable to the parent company was 8.58 billion yuan, a year-on-year decrease of 15.9%. Looking at a single quarter, Q3 2024 achieved revenue of 46 billion.
Earnings Miss: Jiangsu Yanghe Distillery Co., Ltd. Missed EPS By 71% And Analysts Are Revising Their Forecasts
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