According to the Zhitong Finance APP, Lao Heng He Brewing (02226) announced its 2025 performance, with revenue of approximately 272 million yuan, a year-on-year decrease of 1.2%. Gross profit was approximately 74.1 million yuan, a year-on-year increase of 1.4%. The loss attributable to ordinary equity holders of the company was approximately 514 million yuan, a year-on-year decrease of 0.5%.

The announcement stated that the decrease in revenue was mainly due to a weak consumption environment and adjustments made by certain key customers to their cooperation arrangements with the group based on their own business planning, which also led to a corresponding decrease in the group's revenue