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Flush iFinD data shows that among the 20 A-share listed companies in the snack food industry, 15 achieved operating income growth in the first half of the year, accounting for 75%; 9 achieved both operating income and net profit growth, accounting for 45%.
9 companies' revenue and net profit doubled
Flush iFinD data shows that among the 20 listed companies in the snack food industry in the first half of this year, Jinzai Foods has the largest revenue growth rate.
Regarding the good results achieved in the first half of the year, Jinzai Foods said that in the first half of the year, the company's large-scale packaging upgrade strategy has achieved phased results, the product matrix has been optimized, the channel competitiveness has been continuously strengthened, and the brand power has been further improved
Yanjin Shop ranked first in the industry's net profit growth list
It is worth mentioning that in the first half of the year, 9 listed companies in the snack food industry achieved double growth in revenue and net profit, and 5 of them achieved double-digit or more growth in revenue and net profit, namely Guangzhou Restaurant, Qingdao Food, and Yanjin Shop.
According to industry insiders, quality is the primary factor considered by snack food consumers, followed by brand tonality, cost performance, service, scene, and stickiness
Several companies improved their performance in the second quarter
The performance of many listed companies in the snack food industry has improved in the second quarter of this year.
The person in charge of Juewei Foods said that since the beginning of this year, the company's performance has gradually improved, and with the arrival of the peak consumption season in the second half of the year, the company will strive to achieve its annual goal
In the context of the expected recovery of consumption, listed companies in the snack food industry are expected to gain more favor in the secondary market
Industry insiders said that in the first half of the year, offline consumption restrictions, supply chain obstructions, and rising raw material prices affected industry performance
(He Wenying)
"China Food News" (September 6, 2022, 07 edition)
(Editor-in-charge: Zhu Meiqiao)
