Shede Spirits Co., Ltd., together with its subsidiaries, designs, produces, and sells of liquor products in China. It engages in the production and sale of glas...
Wanting both? The performance pressure and expansion dilemma of Shede Spirits
Baijiu stocks continue to rebound, Huangtai Wine has a 4-day limit-up, Zhongrui Co., Ltd. rises over 5%, Moutai, Julite Rigging, and Shede Spirits follow suit
The liquor sector is performing strongly against the trend, with Huangtai Wine and HuiQuan Beer both hitting the daily limit. KJS, JGJC, Shede Spirits, and AGSW are also rising
A-share liquor stocks fluctuated and rose sharply, with Chiway suddenly surging to the daily limit after oscillating around the flat line in the morning, closing at 3.34 yuan, up 9.87%, achieving a two-day limit up. In addition, Gu Jing, YINGJIA DISTILLERY, and Shede Spirits were among the top gainers
Shede Spirits released its performance for the first three quarters, with a net profit attributable to the parent company of 472 million yuan, a year-on-year decrease of 29.43%
Zhejiang Merchants Securities: The sales performance during the Double Festival is flat, and it is expected that most liquor companies' performance in Q3 2025 will still decline year-on-year