🚨 🇨🇳 Kweichow Moutai reported a rare first-half profit decline, with net income falling 1.95% to 44.5 billion yuan ($6.6 billion)—its first H1 drop since 2014 and only its second since 2002, according to Wind data. The result follows a 4.5% decline in full-year 2025 profit, its first annual drop on record.