Chongqing Brewery Co.Ltd(600132) on February 6, the performance express of 2021 was released, which is also the first “annual report card” after the company completed the major asset restructuring with Carlsberg at the end of 2020. Last year, the company achieved a total operating revenue of 13.119 billion yuan, a year-on-year increase of 19.90%; The net profit attributable to the parent company was 1.167 billion yuan, an increase of 38.82% over the same period of last year (the same as that after restructuring); The net profit attributable to the parent company after non deduction was 1.142 billion yuan, an increase of 76.14% over the same period of last year (the same as that after restructuring), and the earnings per share was 2.41 yuan.
It is understood that through the reorganization, Carlsberg, the major shareholder, injected all its high-quality beer assets in China into the listed company, Chongqing Brewery Co.Ltd(600132) thus realizing the national layout and becoming the fourth largest beer company in China. According to the data of the National Bureau of statistics, in 2021, the output of beer enterprises above Designated Size in China was 35.6243 million kiloliters, a year-on-year increase of 5.60%; The annual sales volume of Chongqing Brewery Co.Ltd(600132) increased by about 15%, nearly three times the industry level.
Chongqing Brewery Co.Ltd(600132) said that last year’s performance growth was mainly due to the sustained and healthy growth of its main business. After the reorganization, the company has obtained a nationwide production, supply and sales network, and has a strong local brands such as Wusu, Chongqing, Dali, Xixia, Fenghuaxueyue and jinga, as well as international high-end brands such as Carlsberg, Lebao, 1664, summer fun, Greenberg and Brooklyn, forming a strong “local + International” brand portfolio, It has greatly improved the ability to meet the consumption needs of different scenarios and the core competitiveness of the market.
Based on this, in 2021 Chongqing Brewery Co.Ltd(600132) made continuous efforts in high-end and product innovation, launched a series of new products, achieved major breakthroughs in new scenes, new channels and new retail, and further improved the overall profitability of the company. During the reporting period, “hongwusu” clearly conveyed the attitude and concept of products by developing new ways of interaction with consumers, and was listed on Nielsen iqbases breakthrough innovation list, becoming the only liquor brand on the list; Continued to work with o2o platform to comprehensively enhance the company’s brand consumer value on o2o, and won the “innovative marketing Award” of meituan flash purchase new retail… These measures have also been widely recognized by the industry.
At the same time, optimize the company’s strategic layout and actively meet the market demand. The production of Dali and Yibin can pulling lines, the new production base in Foshan and the start of Xichang technological transformation and capacity expansion project have injected new impetus into the long-term development of the company in the future.
In addition, the company continued to “reduce expenditure” by promoting organizational structure optimization and operating cost management, offsetting some of the adverse effects of rising costs.
It is worth noting that in 2021 Chongqing Brewery Co.Ltd(600132) we will solidly promote sustainable development, and significant progress has been made in the four major objectives of the “common goal of zero” plan. Among them, as of November 2021, the average water consumption of the company’s distillery in China was 2.47h/h, far lower than the industry level in China, while the water consumption of Dazhulin distillery was lower to 1.94h/h, reaching the world-class level.
