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Kuaijishan Shaoxing Rice Wine (601579): Product structure optimization and strengthening of base market.
On April 28, 2025, Kuaijishan Shaoxing Rice Wine released the Q1 2025 report, with revenue of 0.481 billion yuan (a 10% year-on-year increase), and net income of 0.094 billion yuan (a 2% year-on-year increase), excluding non-recurring items.
Kuaijishan Shaoxing Rice Wine (601579): Q1 gross margin significantly increased, and contract liabilities saw a substantial growth.
The core viewpoint is that Kuaijishan Shaoxing Rice Wine, as a leading Huangjiu(Chinese Liquor) enterprise, has made a clear positioning for high-end brands, increased investment in marketing transformation, optimized organization and expanded talent recruitment, accelerated direct sales and group purchasing development, and gradually achieved results in high-end strategy. By Q1 2025, the company's revenue is stable.
Huijishan: Huijishan Shaoxing Liquor Co., Ltd. report for the first quarter of 2025
Huijishan Shaoxing Liquor Co., Ltd. Business Data Announcement for the First Quarter of 2025
Huijishan Shaoxing Liquor Co., Ltd. Report for the first quarter of 2025
Express News | Kuaijishan Shaoxing Rice Wine: In the first quarter of 2025, the net income was 93.7432 million yuan, an increase of 1.70% year-on-year.