"Operating income increased by 8.71%-10.22% year-on-year" - On March 2, Juewei Food released an announcement on the main operating data for 2023 with growth as the keyword. Zhu Danpeng, an analyst of China's food industry, said: "In 2023, with the effective control of the epidemic in China, the catering, FMCG and snack food industries will show a significant recovery trend. This positive change has also had a positive impact on all enterprises in the industry, among which the halogen products industry leads the brand Juewei Food to firmly grasp the development opportunity and help the brand achieve revenue growth through active corporate strategy and effective decision-making.
In addition to the gradual recovery of the consumer market, an important factor in the growth of Juewei Food may be the expansion of stores. Zhu Danpeng analyzed that on the whole, the growth of Juewei Food also benefited from the increase in the number of stores. According to the 2023 interim report of Juewei Food, at the end of June 2023, the total number of stores in Chinese mainland was 16,162 (excluding Hong Kong, Macao, Taiwan and overseas markets), with a net increase of 1,086 stores in the first half of the year. In the first half of 2023, the net increase in the number of stores will reach nearly eighty percent of the total net increase in the whole year of 2022. Juewei Food said that the company will adhere to the corporate strategy of "deeply cultivating the main business of duck neck and building a food ecology", further focus on the main business, continue to increase market share, and maintain the continuous growth of main performance indicators.
At the same time, Juewei Food will further focus on the development of its main business to improve its market share and operational efficiency; Continue to improve corporate governance and promote the high-quality development of the company; While taking investors as the center and attaching importance to investor returns, we will improve investor relations management and establish a good image of the capital market.
More professionals believe that the growth trend of Juewei food not only reflects the company's own market expansion strategy, but also reflects the good development trend of the entire snack food industry under the recovery of market demand.
In the face of the trend of growth in the scale of the lo-mei industry, but the main players in the market are still facing the pressure of short-term supply and demand mismatch, Juewei Food believes that at present, only by strengthening confidence, maintaining concentration, focusing on the main business, reducing fees and increasing efficiency, and strictly controlling leverage, can we ensure survival and maintain development. As a leading brand in the industry, it is more necessary to adhere to long-termism, not be afraid of difficulties, and grow resiliently, so as to go through the cycle and accumulate strength for a better future.