泸州老窖2025年第三季度报告（英文）

Q3 2025 Report of Luzhou Laojiao Co., Ltd.1Stock Code: 000568Stock abbreviation: Luzhou LaojiaoAnnouncement No. 2025-42Luzhou Laojiao Co., Ltd.Q3 2025 ReportLuzhou Laojiao Co., Ltd. (hereinafter referred to as the “Company”) and all the members of theCompany’s Board of Directors hereby guarantee that the contents of this Report are true, accurateand complete and free of any misrepresentations, misleading statements or material omissions.Important Statements:1. The Board of Directors as well as directors and senior management guarantee that the informationpresented in this report is free of any false records, misleading statements or material omissions, andshall individually and together be legally liable for truthfulness, accuracy and completeness of itscontents.2. The responsible person for the Company, the responsible person for accounting work and theresponsible person for the Company’s financial affairs (Accounting Supervisor) have warranted thatthe financial statements in this report are true, accurate and complete.3. Whether the financial statements of this report have been audited by an auditor□Yes  NoThis report has been prepared in both Chinese and English. Should there be any discrepancies ormisunderstandings between the two versions, the Chinese version shall prevail.Q3 2025 Report of Luzhou Laojiao Co., Ltd.21. Key financial information1.1 Key accounting data and financial indicatorsWhether the Company performed a retroactive adjustment to or restatement of accounting data.□Yes  NoQ3 2025YoY changeQ1-Q3 2025YoY changeOperating revenues(CNY)6,673,726,997.48-9.80%23,127,459,902.13-4.84%Net profitsattributable toshareholders of theCompany (CNY)3,099,486,836.34-13.07%10,762,394,649.32-7.17%Net profitsattributable toshareholders of theCompany beforenon-recurring gainsand losses (CNY)3,091,592,912.45-13.41%10,741,597,380.50-7.11%Net cash flows fromoperating activities(CNY)——9,822,590,732.99-21.20%Basic earnings pershare (CNY/share)2.10-13.58%7.31-7.35%Diluted earnings pershare (CNY/share)2.10-13.58%7.31-7.35%Weighted averageROE6.58%-1.69%22.00%-3.88%September 30, 2025December 31, 2024ChangeTotal assets (CNY)65,496,029,532.8368,334,595,564.58-4.15%Net assetsattributable toshareholders of theCompany (CNY)49,679,770,305.2947,388,500,553.464.84%1.2 Non-recurring gains and lossesApplicable □ N/AUnit: CNYItemQ3 2025Q1-Q3 2025NoteProfit or loss from disposalof non-current assets(including the write-offportion of the impairmentprovision)-688,874.75-582,373.63Government grantsaccounted for, in the profitor loss for the currentperiod (except for thegovernment grants closelyrelated to the business ofthe Company and given inaccordance with definedcriteria and in compliancewith government policies,and have a continuingimpact on the Company'sprofit or loss)11,757,338.2336,148,591.03Gain or loss on fair-value813,589.8525,554,248.49Q3 2025 Report of Luzhou Laojiao Co., Ltd.3changes in financial assetsand liabilities held by anon-financial enterprise, as