Kweichow Moutai Co., Ltd. reported earnings results for the nine months ended September 30, 2025. For the nine months, the company reported sales was CNY 128,453.71 million compared to CNY 120,776.13 million a year ago. Revenue was CNY 130,903.89 million compared to CNY 123,122.54 million a year ago.

Net income was CNY 64,626.75 million compared to CNY 60,827.55 million a year ago. Basic earnings per share from continuing operations was CNY 51.53 compared to CNY 48.42 a year ago. Diluted earnings per share from continuing operations was CNY 51.53 compared to CNY 48.42 a year ago.