Wuliangye H1 Net Profit Up 89.3% to RMB 8.75 Billion

Wuliangye disclosed its 2026 interim report on August 28, 2026. In the first half of the year, the company achieved total operating revenue of RMB 28.42 billion, up 20.87% year on year. Net profit attributable to shareholders of the listed company reached RMB 8.75 billion, an increase of 89.3% year on year. Basic earnings per share stood at RMB 2.2551, up 89.31% from the same period last year.

The interim report indicated that the sharp rise in attributable net profit was mainly due to a low profit base in the corresponding period of 2025, as well as effective sales promotion measures during the Lunar New Year period, which drove solid sell-through of core products in the peak season. In the second quarter, the company recorded total operating revenue of RMB 5.58 billion, down 13.16% year on year, while net profit attributable to shareholders was RMB 690 million, up 232.56% year on year.