Panda Dairy Corporation(300898) 2021 deduct 15% increase in non net profit and plan to pay 2 yuan for 10

Panda Dairy Corporation(300898) 4 on April 17, the annual report of 2021 was released. The company achieved an operating revenue of 857 million yuan, an increase of 25.21% year-on-year; The net profit was 77.349 million yuan, a year-on-year decrease of 5.11%; Deduct non net profit of 675619 million yuan, with a year-on-year increase of 15.43%. The company plans to distribute a cash dividend of 2.00 yuan (including tax) to all shareholders for every 10 shares.

Panda Dairy Corporation(300898) said that the cheese industry has entered a stage of rapid expansion and will remain high in the future. With more and more Chinese dairy manufacturers paying attention to the cheese market, all kinds of cheese products have become an important category of dairy products. The company has long had a layout in the cheese field, and the cheese sector is gradually becoming a new growth point of the company’s concentrated dairy products business. At present, the company has launched a series of products such as cheese stick, suction cheese, cream cheese and mozzarella cheese, and will continue to increase investment in R & D and application of new products and new packaging in the future.

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