Chongqing Baiya Sanitary Products Co.Ltd(003006) : the net profit in 2021 increased by 25% year-on-year, and it is proposed to pay 3 yuan for 10 yuan

Chongqing Baiya Sanitary Products Co.Ltd(003006) 3 on the evening of March 25, the annual report of 2021 was released. The company achieved an operating revenue of 1.463 billion yuan in 2021, with a year-on-year increase of 16.97%; The net profit attributable to the shareholders of the listed company was 228 million yuan, a year-on-year increase of 24.89%; The basic earnings per share is 0.53 yuan. The company plans to distribute a cash dividend of 3 yuan (including tax) to all shareholders for every 10 shares.

Chongqing Baiya Sanitary Products Co.Ltd(003006) has been deeply engaged in the field of disposable sanitary products for many years. In 2021, the company carried out iterative upgrading of series products such as senseless seven days and comfortable sleep, expanded the organic pure cotton product line, and further enriched the company's product items; At the same time, the company continued to strengthen the market promotion of medium and high-end series products and increased the sales proportion of key products. The company further focused on advantageous resources, strengthened channel construction, improved product penetration and coverage, and achieved rapid growth in e-commerce channels and offline channels.

During the reporting period, the company's sanitary napkin revenue reached 1.184 billion yuan, an increase of 25.04% over the same period of the previous year. Among them, the revenue of free point sanitary napkin of medium and high-end products accounted for more than 95% of the company's sanitary napkin revenue. The growth of medium and high-end products is one of the main driving forces for the improvement of the company's performance.

In the 2022 work plan, Chongqing Baiya Sanitary Products Co.Ltd(003006) said that the company will continue to promote the development strategy of "intensive cultivation of Sichuan Chongqing market, orderly expansion of China and simultaneous development of e-commerce", strengthen market promotion, accelerate online business development, improve product brand image, improve market share and product competitiveness through the integration of online business and offline business, and meet the market demand of consumers for medium and high-end products. At the same time, the company will invest resources according to the market situation to promote the benign development of baby diapers and adult incontinence products.

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