Every AI express, investors ask on the investor interaction platform: the company’s international freight forwarding business accounts for 75%. What is the impact of the current appreciation of the US dollar on the company’s business profits? What is the main business port of the company? What is the impact of the current situation of Shanghai port on the company’s international business in the second quarter?
Jiangsu Feiliks International Logistics Inc(300240) ( Jiangsu Feiliks International Logistics Inc(300240) . SZ) said on the investor interaction platform on May 1 that the company achieved a total operating revenue of 6.955 billion yuan in 2021, an increase of 87.55% over the previous year; Among them, the income of international freight forwarders was 5.242 billion yuan, an increase of 124% over the previous year, accounting for 75.37%. The company’s international freight forwarding revenue is mainly settled in US dollars, and the appreciation of US dollars will have a positive impact on the company’s operating performance. With the continuous expansion of the company’s business scale, in order to reduce the impact of exchange rate changes on the company’s operating performance and cash flow, the company will continue to pay close attention to the changes in the international market environment and exchange rate changes, further strengthen the management of foreign exchange assets, improve the foreign exchange hedging business system and operation specifications, and carry out foreign exchange hedging business suitable for the company’s business and foreign exchange asset scale under the condition of controllable risk, So as to effectively reduce and smooth the fluctuation of future performance and cash flow. The company’s main business ports include Shanghai, Ningbo, Taicang, Qingdao, Tianjin, Shenzhen and so on. Although the continuous spread of the global epidemic and the repeated outbreaks in Shanghai and other parts of China have brought some uncertainty to the global economy and global supply chain, so far, it has not had a significant adverse impact on the company’s production and operation. At the same time, with the gradual control of the epidemic and the gradual implementation of the government’s relevant policies for the stable production and resumption of production of key industrial enterprises, The uncertainty brought by the epidemic to the company’s production and operation will be gradually reduced. The company will continue to adjust the customer service plan, optimize the company’s operation and management, and minimize the impact of the uncertainty of the epidemic. Thank you for your attention and invite investors to pay attention to investment risks.
