On October 28, Luzhou Laojiao achieved operating income of 4.793 billion yuan in the third quarter, an increase of 20.89% year-on-year; net profit of 2.049 billion yuan, an increase of 28.48% year-on-year. In the first three quarters, it achieved revenue of 14.11 billion yuan, an increase of 21.65% year-on-year; net profit was 6.276 billion yuan, an increase of 30.32% year-on-year.
The cumulative net profit attributable to the shareholders of the listed company increased by 1.46 billion yuan or 30.32% over the same period last year, mainly due to the impact of the increase in sales revenue of medium and high-grade liquor.
Net cash flow from operating activities increased by $1.15 billion, or 41.42%, over the same period last year, mainly due to the impact of the increase in cash received from the sale of goods in the current period.
As of the end of the third quarter, the number of shareholders of the company was 195,900, a decrease of 22,600 from the previous period (June 30, 2021), a decrease of 10.36%. Compared with the end of the second quarter, among the top ten shareholders, the shareholding ratio of China Merchants CSI Baijiu increased from 2.61% to 4.23%; the shareholding of E Fangda Blue Chip Select decreased from 2.53% to 2.14%.