贵州茅台2025前三季度及Q3财报出炉

贵州茅台2025前三季度及Q3财报公布：前三季度营收1245.05亿增6.38%，净利润389.3亿增11.79%；Q3营收380.45亿增1.38%，净利润100亿降21.81%。毛利率前三季91.29%降0.24pct，Q391.28%升0.23pct；净利率前三季52.08%降0.11pct，Q350.97%降0.14pct。预收账款Q3437.1亿增2.6%，合同负债250.8亿增221.5%。机构预测2025-2027年营收增速5.7%/5.7%/5.1%，利润增速5.9%/5.5%/5.0%。