Caibai Co., Ltd. (605599.SH) issued a pre-increase announcement for the 2023 annual results, which is expected to be actual in 2023...
According to the Zhitong Finance App, Caibai Co., Ltd. (605599.SH) announced a pre-increase in its 2023 annual results. It is estimated that net profit attributable to owners of the parent company will be 670 million yuan to 735 million yuan in 2023, an increase of 45.61% to 59.74% over the previous year.
The reason for the advance increase in performance in this period is mainly due to the positive recovery of China's economy in 2023. With the implementation of a series of steady growth and measures to promote consumption, the business environment continues to be optimized, the consumer market rises and picks up, compounded by the fluctuating upward trend in gold prices, and consumers' willingness to buy gold and jewelry products has increased. The company fully implements the management idea of “improving quality and efficiency”, strengthens online and offline omni-channel operations, combines the continuous heating of trendy domestic products consumption hotspots and consumer preferences for gold and jewelry products, and relies on the “Beijing Caibai Gold and Jewelry Museum” to innovate consumption scenarios, carry out cultural marketing, and build a serial product matrix to promote business performance improvement.