V viewing financial report ｜ The price of raw materials rises, the cost increases the increase in Tao Li bread, "increasing increasing increasing income"

Zhongxin Jingwei, August 10th. On the afternoon of the 10th, Tao Li Bread released a semi -annual report that the net profit achieved a net profit of 358 million yuan in the first half of the year, a year -on -year decrease of 2.90%.

Increasing income and not gaining profit

Specifically, during the reporting period, Tao Li Bread achieved operating income of 3.206 billion yuan, an increase of 9.06%year -on -year; net profit attributable to shareholders of listed companies was 358 million yuan, a year -on -year decrease of 2.90%; The net profit of 341 million yuan, a year -on -year increase of 1.42%.

Image source: Tao Li Bread Half -annual report

Tao Li Bread pointed out that the company's core products of the Tao Li brand's bread and pastry realized operating income of 317,85,800 yuan, an increase of 252.4218 million yuan over the same period last year, an increase of 8.63%, and it accounted for 99.15%of the company's annual operating income. Star products such as alcoholic and other stars have continued to grow steadily. New products such as light milk cheese cake, tearing of butter bread have shown high -speed growth, and the comprehensive competitiveness of the product has continued to improve.

Regarding the growth of revenue, Tao Li Bread said that during the reporting period, the company continued to consolidate marketing channels, improved the quality of delivery services to increase single -store sales, and at the same time vigorously opened up the new market and continued to increase the number of sales terminals.

When talking about changes in operating costs, Tao Li Bread explained that operating costs increased by 11.22%year -on -year due to income growth, as well as increased in -reporting raw material prices and growth of terminal distribution services.

In addition, Tao Li Bread also pointed out that management costs increased by 13.76%year -on -year, mainly due to the salary and additional increase of management personnel during the reporting period. The year -on -year increase in financial expenses increased by 6726874.76 yuan, mainly due to the increase in interest expenses during the reporting period and the income of foreign currency exchange income in the previous period.

Mentioned the price of raw materials many times

Zhongxin Jingwei found that Tao Li Bread has previously disclosed the performance reports many times showed that revenue increased and net profit declined.

Tao Li Bread's previous performance report has repeatedly mentioned "rising raw material prices." In its 2021 annual report, Tao Li Bread said, "If the price of raw materials rises a large increase, it may have a certain impact on product gross profit margin level."

However, in the face of investors' questions on the interactive platform, "Is it possible to increase the price of your company's bread products for the recent rise in raw materials?" Tao Li Bread only said that "please pay attention to the information disclosed by our company."

Image source: Shanghai Stock Exchange E interactive

Southwest Securities previously pointed out that the overall gross profit margin of Tao Li bread has declined slightly, mainly due to the rise in the cost of some raw materials; the cost of terminal delivery service increases. In terms of expenses, other companies' other income, exchange income and financial income were high in the same period last year, and the profitability continued to be under pressure.

According to the official website information, Tao Li Bread Co., Ltd., formerly known as Shenyang Tao Li Food Co., Ltd., was established on January 23, 1997. It mainly operates bread, pastries, and moon cakes. It is a comprehensive company dedicated to baking goods production, processing and sales. Essence

In terms of the secondary market, Tao Li Bread's stock price fell 2.31%from the previous trading day to 13.96 yuan. As of now, its total market value is 18.61 billion yuan. (Zhongxin Jingwei APP)

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