Kweichow Moutai: Revenue in the first half of 2026 reaches 90.703 billion yuan, net profit is 44.517 billion yuan.

Kweichow Moutai announced that in the first half of 2026, the company achieved a revenue of 90.703 billion yuan, a year-on-year increase of 1.47%; total profit of 61.438 billion yuan, a year-on-year decrease of 2.13%; and net profit of 44.517 billion yuan, a year-on-year decrease of 1.95%. The net cash flow generated from operating activities was 70.691 billion yuan, a year-on-year increase of 438.84%. During the reporting period, the company achieved tax-exempt income from liquor sales of 40.264 billion yuan through the "i Moutai" digital marketing platform. The number of domestic distributors decreased by 46, while the number of foreign distributors decreased by 7.