Shede Liquor (600702.SH) released semi-annual results, with net profit of 145 million yuan to mother, a year-on-year decrease of 67.26%

According to Zhitong Finance App News, Shede Liquor (600702.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 2,287 billion yuan, a year-on-year decrease of 15.34%; net profit attributable to shareholders of listed companies was 145 million yuan, a year-on-year decrease of 67.26%; after deducting non-net profit of 132 million yuan, a year-on-year decrease of 69.84%; and basic earnings per share of 0.4425 yuan.

In the first half of 2026, the liquor industry as a whole is still in a period of deep adjustment. The competitive inventory pattern continues, consumption momentum is weak, the game between traditional and emerging channels intensifies, and sales of liquor products continue to be under pressure. In order to meet industry challenges, the company actively implements a “volume control and price promotion” strategy, moderately controls delivery, and actively supports dealers in inventory digestion. At the same time, the company has always adhered to the long-term principle, further strengthened basic market actions, increased consumer cultivation efforts, and increased market investment in stages, resulting in a high level of sales expenses in the first half of the year.