Shede Spirits released its 2026 interim report, with net profit attributable to the parent company of 145 million yuan, down 67.26% from the same period last year. Total operating revenue was 2.287 billion yuan, down 15.34% year on year. Net cash flow from operating activities was negative 26.58 million yuan, down 139.46% year on year. The latest gross margin was 61.24%, down 4.47 percentage points from the same period last year. The latest return on equity was 2.08%, down 4.20 percentage points from the same period last year. Diluted earnings per share were 0.44 yuan, down 67.37% year on year.
Sichuan Tuopai Shede Wine Co LtdNet profit down 67.26%, revenue down 15.34%, and operating cash flow negative.
