# Earnings%20Report
Latest news and articles about Earnings%20Report
Total: 14 articles found
Business
Moutai’s Hangover: China’s ‘Bulletproof’ Spirits Giant Suffers First Double Decline in Decades
Kweichow Moutai has reported its first dual decline in revenue and profit since its 2001 IPO, marking a historic turning point for China's most valuable liquor brand. The results highlight a struggling secondary product line and the high costs of a transition toward direct-to-consumer sales amidst a cooling economy.
SoBiz2026年4月17日 05:28
#Kweichow Moutai#Baijiu Industry#China Economy
Business
The Heavy Toll of 'Involution': Meituan Swings to $3.2 Billion Loss Amid Bitter Delivery Wars
Meituan reported a massive 23.4 billion RMB loss for 2025, swinging from profit as intense domestic competition and 'involution' eroded margins. Despite these losses, the company is maintaining its market dominance while aggressively expanding its international brand, Keeta, into the Middle East and Latin America.
NeTe2026年3月26日 19:58
#Meituan#Wang Xing#Food Delivery