According to Shede Liquor's announcement, net profit attributable to owners of the parent company is expected to be between 135 million yuan and 175 million yuan, a year-on-year decrease of 69.55%-60.52%; after deducting non-net profit of 123 million yuan to 163 million yuan, a year-on-year decrease of 72.00%-62.90%. Revenue decreased by about 16% compared to the same period last year. Mainly because the liquor industry is in a period of deep adjustment, the company actively controls delivery, digests inventory, and increases market investment in stages, and sales expenses are high.

According to Shede Liquor's announcement, net profit attributable to owners of the parent company is expected to be between 135 million yuan and 175 million yuan, a year-on-year decrease of 69.55%-60.52%; after deducting non-net profit of 123 million yuan to 163 million yuan, a year-on-year decrease of 72.00%-62.90%. Revenue decreased by about 16% compared to the same period last year. Mainly because the liquor industry is in a period of deep adjustment, the company actively controls delivery, digests inventory, and increases market investment in stages, and sales expenses are high.