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Kweichow Moutai Posts First Profit and Revenue Drop Since 2001

Summary by Digital Phablet
Shares in the Chinese liquor giant experienced a decline today after the company reported decreases in both net profit and revenue for 2025 compared to the previous year, marking the first such decline since its IPO in 2001. Despite this, the leading producer of baijiu announced a record-high payout to shareholders. The company’s stock dropped 3.8 percent, closing at CNY1,407.24 (approximately USD206) per share. Last year, the net profit attribu…
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Kweichow Moutai Co., Ltd. (Kweichow Moutai) announced on April 17 that its operating revenue in 2025 will decrease by 1.21% year-on-year, and its net profit attributable to shareholders will decrease by 4.53% year-on-year. This is the first time in nearly ten years that Kweichow Moutai has experienced a profit decline, breaking its steady growth trend over the past decade. Some investors have commented that "Moutai has crashed."

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YUAN TALKS broke the news on Thursday, April 16, 2026.
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