Research Reports on Wealth Mining | Huafu Securities: Kweichow Moutai smoothly concludes 2024, with a strong brand moat, maintaining a "Buy" rating.

Hua Fu Securities' Research Reports indicate that Kweichow Moutai (600519.SH) is expected to achieve a net income of approximately 85.7 billion yuan for the year, reflecting a year-on-year growth of about 14.67%. Among these, the company's revenue in Q4 of 2024 is expected to reach 50.677 billion yuan, an increase of 12.01% year-on-year. The operational target set at the beginning of the year aims for total operating revenue to grow by approximately 15% compared to last year, which is expected to be completed smoothly, further highlighting the leading strength in a pressured environment. In 2024, the company will systematically refine a product structure centered around three major series: aged, Feitian, and low-alcohol, and will promote the development of over 60 new products. Looking ahead to 2025.

Gelonghui FinanceJan 3 01:18 ET

Kweichow Moutai: Produced Around 563,000 Tons of Moutai Base Liquor in 2024 >600519.SH

Dow JonesJan 2 19:02 ET

Kweichow Moutai Sees 2024 Net CNY85.7B, Up 15% on Year >600519.SH

Dow JonesJan 2 19:02 ET

Kweichow Moutai Sees 2024 Rev CNY173.8B, Up 15% on Year >600519.SH

Dow JonesJan 2 19:02 ET

Kweichow Moutai's 2024 performance has "initially submitted": annual growth exceeds 15%, and Moutai's base liquor has reduced production for the first time.

Response cycle.

wallstreetcnJan 2 18:55 ET

Kweichow Moutai 2024 Production and Operation Notice

SZSIJan 2 11:00 ET · Announcements