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研报掘金丨诚通证券:泸州老窖继续打造销量增长极,维持“强烈推荐”评级

Research reports Prospecting | Chengtong Securities: luzhou laojiao continues to create a sales growth pole, maintaining a "strong buy" rating

Gelonghui Finance ·  Nov 21 01:23

According to the Chengtong Securities Research Report, the revenue growth pressure of Luzhou Laojiao (000568.SZ) increased in the third quarter, the growth rate of waist products was better, the product structure was fine-tuned, and gross margin declined slightly, but it maintained an upward trend. In the first three quarters, the company's sales of mid-price products met current market demand. The number of open bottles and bottle opening rates continued to rise, and indicators such as trade rate and terminal profit all improved. In the future, work will be carried out around “high market penetration, high network coverage, and high consumer opening” to continue to build a sales growth pole. The company's current PE is 14.7 times, maintaining the company's “Highly Recommended” rating.

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