研报掘金丨信达证券：维持舍得酒业“买入”评级，积极开拓新增长点

格隆汇08-25

信达证券研报指出，舍得酒业2025年上半年归母净利润4.43亿元，同比减少24.98%；Q2归母净利润0.97亿元，同比增长139.48%，较过去四个季度收入连续下滑20%以上的经营情况有了明显好转，突出表现在普通酒收入二季度同比增长62.26%，主要为沱牌T68销售同比增幅较大。在品味舍得面临次高端竞争加剧的困境时，公司产品矩阵优势凸显，低价位带产品（舍之道、T68）弥补业绩缺口，高端价位藏品...

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