Jiangsu King's Luck Brewery Joint-Stock Co LtdFirst-half net profit fell 6.6% and revenue fell 7.4% year on year.

Jinshiyuan released its 2026 half-year report. Net profit attributable to the parent in the first half reached 2.082 billion yuan, down 6.6% year on year. Operating revenue was 6.435 billion yuan, down 7.4% year on year. Net profit attributable to the parent after deducting non-recurring items was 2.096 billion yuan, down 5.8% year on year. Net operating cash flow was 1.616 billion yuan, up 50.3% year on year. In the second quarter, operating revenue was 2.11 billion yuan, up 14.1% year on year, and net profit attributable to the parent was 697 million yuan, up 19.2% year on year. The company said the baijiu industry as a whole is facing deep adjustment, and it will continue to adhere to a marketing strategy of deepening its presence within the province while making breakthroughs in surrounding areas outside the province.
Jiangsu King's Luck Brewery Joint-Stock Co LtdFirst-half net profit fell 6.6% and revenue fell 7.4% year on year.