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Chongqing Brewery (600132) investor relations material
Chongqing Brewery Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary31 Oct, 2025
Executive summary
Achieved beer sales of 2.6681 million kiloliters in the first nine months, up 0.42% year-over-year.
Revenue for the first three quarters reached RMB 13.06 billion, nearly flat year-over-year.
Net profit attributable to shareholders for the first three quarters was RMB 1.24 billion, down 6.83% year-over-year.
Financial highlights
Q3 revenue: RMB 4.22 billion, up 0.41% compared to the same quarter last year.
Q3 net profit attributable to shareholders: RMB 375.95 million, down 12.71% year-over-year.
First three quarters' operating cash flow: RMB 3.93 billion, up 13.49% year-over-year.
Basic and diluted EPS for Q3: RMB 0.78, down 12.71% year-over-year.
Basic and diluted EPS for first three quarters: RMB 2.56, down 6.83% year-over-year.
Outlook and guidance
Consumer market remains in recovery with ongoing uncertainties.
Intensified competition from national and niche beer brands expected to increase market pressure.
High-end product growth strategy details?
Reconcile cash flow vs. net profit divergence.
Mitigation plans for increased market competition?
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Next Chongqing Brewery earnings date
Q4 20256 Feb, 2026
Next Chongqing Brewery earnings date
Q4 20256 Feb, 2026
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Frequently asked questions
Chongqing Brewery Co., Ltd. is a China-based company engaged in the production and sale of beer. The company manufactures a variety of beer products under its own brands, with offerings including lager, ale, and specialty beers, distributed across China and select international markets. The company is headquartered in Chongqing, China, and its shares are listed on the Shanghai Stock Exchange (SSE).
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