Sichuan Teway Food Group Co.Ltd(603317) on January 24, the announcement of performance pre reduction in 2021 was issued. It is estimated that the operating revenue in 2021 will be about 2.026 billion yuan, a year-on-year decrease of about 14.34%; The net profit was about 179 million yuan, a year-on-year decrease of about 50.96%; The net profit deducted from non profits was about 116 million yuan, a year-on-year decrease of about 62.43%.
Although the annual net profit is expected to decrease, there are signs of bottom rebound. Sichuan Teway Food Group Co.Ltd(603317) it is expected that the performance in the fourth quarter of 2021 will be significantly improved, and the net profit will increase significantly year-on-year and month on month.
Sichuan Teway Food Group Co.Ltd(603317) the third quarterly report of 2021 shows that the company achieved a net deduction of non net profit of 63.5682 million yuan in the first three quarters and 2.0167 million yuan in the third quarter. Based on this calculation, the net deduction of non net profit in the fourth quarter of 2021 was about 52.4317 million yuan. According to choice data, Sichuan Teway Food Group Co.Ltd(603317) the non net profit deducted in the fourth quarter of 2020 was 13 million yuan.
Sichuan Teway Food Group Co.Ltd(603317) said that the main reasons why the performance in 2021 did not meet the expectations were: the consumption power of residents decreased and the sales revenue was lower than expected; Rising cost of main raw materials; The gross profit margin decreased due to the change of product structure; The industry competition intensifies and the promotion is strengthened.
