Beijing News Shell Financial News (Reporter Yan Xia) On the evening of February 21, Arowana released its 2023 annual performance report. In 2023, Arowana will achieve operating income of about 251.5 billion yuan, a year-on-year decrease of 23%；The net profit attributable to shareholders of the listed company was about 28500 million yuan, down 5 percent year-on-year4%；The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was about 13200 million yuan, a year-on-year decrease of 585%。
"In 2023, the company's operating income will decrease slightly compared with 2022, mainly because the impact of product *** exceeds the revenue contribution from sales growth," Arowana said. With the gradual recovery of the domestic economy, the sales volume of the company's kitchen food, feed raw materials and oil technology products increased better than last year, but the main products of the company fell with the main raw materials such as soybeans, soybean oil and palm oil. ”
In 2023, the overall profit of Arowana's kitchen food will decline year-on-year, mainly due to: "The sales volume of the company's catering and food industry channel products has increased significantly with the gradual recovery of the market, but the performance of the flour business has decreased significantly year-on-year." In the first half of 2023, wheat, flour and by-products declined overall, and the company's consumption of wheat stocks in the previous period led to a decline in performance. In the third quarter of 2023, the company's wheat inventory costs have returned to normal levels, but in the fourth quarter, the performance of the flour business decreased year-on-year due to sluggish market demand and fierce competition. On the other hand, the decline in raw material costs led to a year-on-year increase in gross margin and profit of retail channel products. Overall, the growth in retail channel product profits failed to fully offset the impact of the decline in product margins in the catering and food industry channels, resulting in a year-on-year decline in kitchen food profits. ”
In 2023, the profit of feed raw materials and oil technology products will increase significantly year-on-year, mainly due to the sharp year-on-year increase in the profit of feed raw materials business, the tight supply of domestic soybeans in the second half of the year, especially in the third quarter, the first rebound of soybean meal and other products, and the crushing profit will be more than the same period last year. Arowana said.
Edited by Xu Chao.
Proofread by Lucy.