Luzhou Laojiao Co Ltd Class A

000568: XSHE (CHN)
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Luzhou Laojiao Earnings: Slower Growth In Line, Dividend Yield Remains Decent

Luzhou Laojiao's third-quarter revenue and net profit fell 10% and 13% year on year, respectively. The declines are broadly in line with second-quarter trends, despite decelerating premium baijiu demand in July-August, amid soft consumer sentiment and fewer business occasions.

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