On the evening of October 12, Haitian Flavor Industry released an announcement on the price adjustment of some products. Beiqing-Beijing headline reporter learned that starting from the 25th of this month, Haitian Flavor Industry has adjusted the ex-factory price of some products such as soy sauce, oyster sauce and sauce.
Haitian Flavor Industry announcement shows that in view of the continuous rise in the cost of major raw materials, transportation, energy and other costs, in order to better provide consumers with high-quality products and services and promote the sustainable development of the market, after the company's research and decision, the ex-factory price of some products such as soy sauce, oyster sauce, sauce and other products will be adjusted, and the adjustment range of the main products will range from 3% to 7%, and the new price implementation will be implemented on October 25, 2021.
Beiqing-Beijing headline reporter learned that before, Haitian has increased prices every two or three years, but since the last price increase in January 2017, Haitian has not adjusted the price of terminal products for more than 4 years. On September 24 this year, the market rumor that Haitian Flavor Industry intends to increase the ex-factory price of the product by 5%. This news stimulated the condiment sector to rise sharply, and Haitian Flavor Industry once hit the limit. However, on the evening of September 26, Haitian Flavor Industry issued a clarification announcement saying: "The company is evaluating whether to adjust the price of the product, but the price adjustment plan has not yet been finalized." ”
According to the data, in the first half of 2021, the revenue and operating income of Haitian Flavor Industry was 12.332 billion yuan, an increase of 6.36% year-on-year; the net profit attributable to the mother was 3.353 billion yuan, an increase of 3.07% year-on-year. This is the first time in the past five years that the revenue and net profit growth rate of Haitian Flavor Industry in the first half of the year is lower than 10%.
Text/Beijing Youth Daily reporter Zhang Xin
Editor/Fan Hongwei