On January 26, Shuijingfang released its 2023 annual performance forecast. According to the performance forecast, Shuijingfang is expected to achieve revenue of 49 in 20235.3 billion yuan, net profit attributable to the parent company of 126.9 billion yuan.
Since 2023, due to the macroeconomic environment, residents' consumption has been affected, the inventory of the liquor market is high, and the competition in the terminal market has intensified. It is understood that since the second quarter of last year, dealer inventory has returned to a healthy level, and store inventory has also decreased significantly, returning to normal levels. The company's annual revenue and profit have both maintained growth from last year.
Shuijingfang has always hoped to improve the competitiveness of enterprises through the construction of production areas and make solid contributions to the long-term development of the production area and itself. It is worth mentioning that under the guidance of the three major strategies, Shuijingfang has successively upgraded the two major products of collection and well platform, further built the cooperation model of manufacturers, achieved excellent results, and promoted the healthy and sustainable development of the enterprise. For the collection and Shuijingfang, its liquor body and positioning also highlight the layout of Jingfang's high-end transformation, which is a key measure for brand transformation and upgrading, and further promotes the construction of high-quality culture in Chengdu's production area.
We all believe that breakthroughs and innovations in quality will make history again. The upgrade and debut in an amazing way has taken a key step to steadily promote the product upgrade and innovation strategy and meet the needs of the target consumer group.