Cart
Cart

Net profit fell by 90% year-on-year last year. This listed Indian company re-emerged in the market a

   2023-06-02 720
On April 28, Jiamei Packaging released the full text of the 2022 annual report. In 2022, Jiamei Packaging will achieve revenue of 2.981 billion yuan, a year-on-year decrease of 13.64%; realize net pro

On April 28, Jiamei Packaging released the full text of the 2022 annual report. In 2022, Jiamei Packaging will achieve revenue of 2.981 billion yuan, a year-on-year decrease of 13.64%; realize net profit attributable to shareholders of listed companies of 17.0318 million yuan, a year-on-year decrease of 89.61%.



  Net profit in 2022 will drop by 90% year-on-year


  Jiamei Packaging stated in the report that in 2022, the main downstream food and beverage customers served by the enterprise will be affected by the macro environment and the terminal consumption demand will be insufficient, resulting in a significant decline in orders for its traditional advantageous products. In addition, some regional production bases of the company still have insufficient operating rates due to the impact of high temperature and power cuts. Therefore, the sales volume of the company's products in 2022 has dropped significantly compared with the same period last year, but the unit price of the company's main products has increased to a certain extent following the rise in the price of major raw materials, offsetting the impact of a large decline in sales volume, and operating income has decreased by 13.65% compared with the same period last year. %.


  At the same time, due to the sharp decline in product sales, the fixed costs and labor costs in the unit cost have risen significantly, and the gross profit margin of the company has dropped significantly. The adverse impact of the combined decline in operating income and the small number of convertible bonds have led to a sharp increase in financial expenses. The high unfavorable factors caused the company's net profit attributable to shareholders of listed companies to drop by 89.61% year-on-year, and the net profit after deducting non-recurring gains and losses fell by 92.81% year-on-year.


  Develop the market and tap the growth point of the industry


  In terms of future development, Jiamei Packaging said that the stock in China's beverage market is relatively stable at present, but with the arrival of the iteration cycle, the iteration speed of brands and products will increase, and it will not invest in heavy assets, use low-cost product innovation, and make as much as possible The need to launch new products is growing. The room for future market growth lies in two directions: one is new brand products entering the beverage industry, and the other is new products of traditional beverage brands.


  For many years, Jiamei Packaging has been specialized in the R&D, design, production and sales of food and beverage packaging containers and beverage filling business, providing customers in the food and beverage industry with integrated packaging container design, printing , production, distribution, filling and all-round customer service Comprehensive packaging solutions for services.


  In the future, Jiamei Packaging will always adhere to the development model guided by customer needs, relying on production bases, and guaranteed by service capabilities, making full use of national industrial policies, sufficient market capacity and the company's own advantages, and constantly exploring suitable for enterprise growth. At the same time, with the help of the capital market financing platform, further enhance its own capital strength, increase the company's production capacity, expand product categories, optimize production layout, further enhance the comprehensive packaging solution capabilities covering the entire industry chain, and continue to maintain the leading position of the company's products in the same industry in China Dominance.


  With the steady advancement of various measures of the company, as well as the steady recovery of the national economy and market demand, the revenue level of Jiamei Packaging is also steadily increasing.


  According to a recent announcement, in the first quarter of 2023, Jiamei Packaging achieved revenue of 797 million yuan, a year-on-year increase of 13.43%; the net profit attributable to shareholders of listed companies was 23.8174 million yuan, a year-on-year increase of 306.13%. Double growth of profits.


 
Report 0 Favorite 0 Comment 0
 
more>Related News
Picture
Recommend
Hot