Quality growth for healthy long-term development Wuliangye announced that 3Q21 sales grew by 10.6% yoy to Rmb12.97bn, and that net profit was up by 11.8% yoy to Rmb4.13bn, slightly below our expectation, mainly because the Company actively controlled shipments in 3Q21 to ensure healthy channel inventory under the current volatile Covid-19 situation. Currently, Wuliangye's channel […]

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