FINWIRES · TerminalLIVE
FINWIRES

Luzhou Laojiao's 2025 Profit Drops 20%, Revenue Falls 18%

By

-- Luzhou Laojiao's (SHE:000568) net profit attributable to shareholders in 2025 dropped 20% year on year to 10.8 billion yuan, or 7.36 yuan per share, according to a Shenzhen bourse filing on Wednesday.

The attributable profit a year earlier was 13.5 billion yuan, or 9.18 yuan per share.

Operating revenue fell 18% to 25.7 billion yuan from 31.2 billion yuan in the previous year.

Related Articles

International

New Zealand New Residential Mortgage Lending Rises in March

Total new residential mortgage lending in New Zealand rose to NZ$9.5 billion in March from NZ$6.64 billion in February, according to data from the Reserve Bank of New Zealand released on Wednesday.Residential mortgage lending to first home buyers rose to NZ$1.99 billion in March from NZ$1.39 billion in the previous month. Lending to other owner-occupiers increased to NZ$5.49 billion from NZ$3.92 billion.Residential mortgage lending to investors rose to NZ$1.89 billion from NZ$1.25 billion, while that for business purposes increased to NZ$134 million from NZ$82 million.Total new residential lending at a loan-to-valuation ratio above 80% came in at NZ$1.38 billion in March for all borrower types, up from NZ$981 million in February.Residential mortgage lending, where the loan-to-valuation ratio is equal to 80% or below, was NZ$8.12 billion for all borrower types, up from NZ$5.65 billion in the previous month.

$^NZ50
Asia

Bank of Zhengzhou's Profit Rises 5% in Q1

Bank of Zhengzhou (HKG:6196, SHE:002936) posted net profit attributable to equity shareholders of 1.07 billion yuan for the first quarter, up 5.4% from 1.02 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the lender were up 2% in late-morning trade on Wednesday.Earnings per share came in at 0.12 yuan, compared with 0.11 yuan a year earlier.Operating income rose 1% to 3.51 billion yuan from 3.48 billion yuan in the prior-year period.

$HKG:6196$SHE:002936
Asia

Beach Energy's Western Australia Gas Plant Reaches Nameplate Capacity

Beach Energy's (ASX:BPT) Waitsia gas plant in Western Australia reached nameplate capacity of 250 terrajoules per day, according to a Wednesday statement from the company.Waitsia is a joint venture project with operator MEPAU, and Beach holds a non-operated interest.The plant has the capacity to deliver the equivalent of nearly one quarter of the state's domestic natural gas demand, per the statement.The company's shares fell 1% in recent trading on Wednesday.

$ASX:BPT