Luzhou Laojiao Co Ltd Class A
000568: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?> | LOCK|rY | LOCK|R^<gQQ |
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.
