The net profit of Luzhou Laojiao increased by more than 30% in the first three quarters, Hou Hao and Liu Yanchun increased their positions, and Zhang Kun reduced their holdings

On the evening of October 28, Luzhou Laojiao (000568.SZ) disclosed the third quarterly report, the company 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.

For the change in performance, Luzhou Laojiao explained in the financial report that it was mainly due to the impact of the increase in sales revenue of medium and high-end liquor.

AI Finance and Economics noted that compared with the end of the second quarter, the shareholding ratio of the China Merchants CSI Baijiu Index Graded Securities Investment Fund managed by star fund manager Hou Hao rose from 2.61% to 4.23% in the third quarter; the shareholding ratio of invesco Great Wall Emerging Growth Hybrid Securities Investment Fund managed by Liu Yanchun increased from 1.6% to 1.67% in the third quarter.

Unlike Hou Hao and Liu Yanchun's operating styles, E Fangda's funds have reduced their holdings in the third quarter. Among them, the shareholding of E Fangda Blue Chip Select Hybrid Securities Investment Fund managed by Zhang Kun decreased from 2.53% to 2.14%; the shareholding ratio of E Fangda Consumer Industry Equity Securities Investment Fund managed by Xiao Nan and Wang Yuanchun decreased from 0.88% to 0.72%. (Text| AI Finance & Economics Summer)