Wuliangye Yibin reports strong interim revenue and profit growth

Wuliangye Yibin Co. reported operating revenue of 52.77 billion yuan for the first half of 2025, a 4.19% increase from 50.65 billion yuan in the same period last year. Net profit attributable to shareholders rose by 2.28% to 19.49 billion yuan. Net cash generated from operating activities saw a significant jump of 131.88%, reaching 31.14 billion yuan, primarily due to a higher percentage of cash payments received.

The company's brand strategy contributed to a stronger market presence. Product mix innovations and continuous channel optimization led to the addition of 7,990 point-of-sale terminals. Sales from both distribution and direct-to-consumer models experienced growth, with total assets increasing by 2.74% to 193.42 billion yuan.

Research and development expenses increased by 31.20% to 209.6 million yuan, indicating continued investment in innovation. The company also announced a 2024 full-year dividend payout of 22.3 billion yuan in cash, representing a 70.01% cash dividend payout ratio.