reelpennslammeriii3500| 12 liquor stocks rose Kweichow Moutai closed at 1709 yuan/share

Beijing Business News (Reporter Liu Yibo and Feng Ruonan) Late May 20reelpennslammeriii3500, the three major indexes rose slightly, with the Shanghai Composite Index 3,171reelpennslammeriii3500.15 points up 0reelpennslammeriii3500.54%。The liquor sector closed at 2,166.19 points, up 0.27%, of which 12 liquor stocks rose.

In terms of individual stocks, Kweichow Moutai closed at 1,709.00 yuan/share, down 0.35%reelpennslammeriii3500; Wuliangye closed at 157.30 yuan/share, up 0.57%; Luzhou Laojiao closed at 192.74 yuan/share, up 1.52%; Yanghe shares closed at 97.58 yuan/share, down 0.12%; Shanxi Fenjiu closed at 264.57 yuan/share, up 0.3%.

In this regard, Guangfa Securities pointed out in its research report that in 2023, high-end liquor revenue and net profit deducted from non-profit will increase by 16% and 18% year-on-year. The operating resilience is prominent, and the performance growth rate and reporting quality are relatively good. In 2024Q1, high-end liquor revenue and net profit deducted from non-profit increased by 16% and 16% year-on-year, and structural optimization supported a year-on-year increase of 0.2%. Specifically, Kweichow Moutai achieved a good start in 2024Q Huatai, and the construction of key projects was rapid and steady, laying the foundation for high-quality development throughout the year. Wuliangye has taken firm actions to control goods and increase prices in the off-season. The prices of the fifth batch of the Eighth Generation General Market have steadily rebounded, channel confidence has gradually been restored, the company's medium and long-term strategic plan is clear, and high-quality development is expected to continue. Luzhou Laojiao's operating rhythm is positive, and its products are blooming at many points. In the future, the National Cellar Series is expected to maintain steady growth. The Tequ Series and others have benefited from the public price dividends and entered the stage of increasing scale, and the company's growth potential is expected to continue.