Chongqing Fuling Zhacai Group Co.Ltd(002507) revenue increased by more than 10% in 2021

Chongqing Fuling Zhacai Group Co.Ltd(002507) on February 24, the performance express for 2021 was released. Last year, the company achieved a total operating revenue of 2.519 billion yuan, a year-on-year increase of 10.82%; The operating profit, total profit and net profit attributable to the parent company were 874 million yuan, 874 million yuan and 742 million yuan respectively, with a year-on-year decrease of 4.49%, 4.43% and 4.53% respectively, and the earnings per share was 0.87 yuan.

According to the financial budget report for 2021 prepared by the company, the company plans to achieve an operating revenue of 2.955 billion yuan for the whole year, which is expected to increase by 30%. From the performance express, the company failed to achieve the revenue growth target of 2021.

Chongqing Fuling Zhacai Group Co.Ltd(002507) said that during the reporting period, in the face of the repeated covid-19 pneumonia epidemic, the weakness of the consumer market and the rise in the cost of bulk raw materials, the company strategically focused on “clarifying the value of pickled mustard and making a hot Wujiang brand” and invested in building brand value; Tactically, pay close attention to the implementation of the strategy and measures of “urban precision marketing and reshaping the market structure”. Focusing on high-quality products, concentrating on market intensive cultivation and channel sinking, uniting all employees, and taking various measures in production, sales, management and implementation, the company has solved various difficulties. The company’s business is advancing steadily and its performance is basically stable, which has laid a solid foundation for the implementation of medium and long-term development strategic planning.

During the reporting period, the company’s assets were in good condition. By the end of 2021, the total assets and net assets of the company were 7.749 billion yuan and 7.167 billion yuan respectively, with a significant increase of 95.20% and 110.09% respectively compared with the beginning of the period, mainly due to the company’s completion of non-public offering and refinancing during the reporting period.

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