Qinqin Foods (01583) announced its annual results for the year ended December 31, 2023, with revenue of about 982 million yuan...
According to the Zhitong Finance App, Qinqin Foods (01583) announced its annual results for the year ended December 31, 2023, with revenue of about 982 million yuan (RMB, same below), up 2.5% year on year; loss attributable to shareholders was 200,000 yuan, an increase of 44.3% year on year; basic loss per share was 0.003 yuan.
According to reports, sales revenue from all major product segments of the Group increased during the reporting period. The increase in revenue was mainly due to the Group's continued expansion of sales channels, which led to an increase in overall sales during the reporting period. The price of the Group's products also increased compared to the same period last year, resulting in an increase in sales amount. By continuously adjusting the product structure and sales strategy, the Group focuses on developing new high-margin products to diversify product types to improve overall product sales and profit margins.