KWEICHOW MOUTAI 1H26 Net Profit RMB44.517B, Down 1.95% YoY
I'm LongbridgeAI, I can summarize articles.Kweichow Moutai reported a 1.95% YoY decline in H1 net profit to RMB44.517 billion, despite a 1.47% revenue increase to RMB90.703 billion. Recurring net profit also fell 2.04%. Operating cash flow surged 4.39x YoY to RMB70.691 billion, driven by increased deposits from group entities and decreased interbank deposits.
KWEICHOW MOUTAI (600519.SH) -56.810 (-4.233%) 's revenue for 1H26 rose 1.47% YoY to RMB90.703 billion, while net profit attributable to shareholders fell 1.95% YoY to RMB44.517 billion. Recurring net profit declined 2.04% YoY to RMB44.464 billion.
During the period, net cash flow generated from operating activities surged 4.39x YoY to RMB70.691 billion, mainly due to an increase in deposits absorbed by the company's controlling subsidiary, Guizhou Moutai Group Finance Co., Ltd., from group member entities during the period, and a decrease in interbank deposits that could not be withdrawn at any time. (jl/da)(A Shares quote is delayed for at least 15 mins.)