Kweichow Moutai Co Ltd Class A

600519: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Kweichow Moutai Earnings: Weak Series Sales Hurt Results, but Core Moutai Demand Stays Resilient

Jennifer Song

Oct 30, 2025

Kweichow Moutai's third-quarter revenue and net profit rose just 0.4% and 0.5% year on year, marking the slowest growth since 2016. This brings cumulative nine-month sales growth to 6.5%, trailing the firm's full-year target of 9%.

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Kweichow Moutai Co Ltd Class A

Kweichow Moutai Earnings: Weak Series Sales Hurt Results, but Core Moutai Demand Stays Resilient

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