[Wuliangye: Net profit in the third quarter fell 48.25% year-on-year and increased 38% quarter-on-quarter] On October 27, Wuliangye (000858.SZ) announced that its third-quarter revenue was 4.442 billion yuan, a year-on-year decrease of 37.68%; net profit was 958 million yuan, a year-on-year decrease of 48.25%. Revenue in the first three quarters was 32.858 billion yuan, a year-on-year increase of 7.25%; net profit was 9.711 billion yuan, a year-on-year increase of 49.98%. The decline in performance in the third quarter was mainly due to weak market demand, reduced sales of the company's related products, and a year-on-year decrease in revenue and profit. The growth in net profit in the first three quarters was mainly due to the low profit base in the same period last year, as well as the comprehensive impact of effective sales measures taken during the Spring Festival, which resulted in better sales of core products during the peak sales season. Xiaocai Note: The company’s Q3 net profit was 958 million and Q2 net profit was 690 million. Based on this calculation, Q3 net profit increased by 38% month-on-month.